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All Forum Posts by: Phillip St. John

Phillip St. John has started 3 posts and replied 6 times.

I'm a real estate broker in KY. I've got a property listed that the sale fell through when a title search showed a mistake in recording a past deed in the chain of ownership. This same house sold for cash and was occupied by the owner before he died. Can someone pay cash and take possession without doing a title search. Is this wise?

Post: Would this be a good buy?

Phillip St. JohnPosted
  • Hazard, KY
  • Posts 8
  • Votes 0

I got a contractor to go by. He said repairs might be 45K. The ARV would be 95-105k. What price would be good to offer for the place. Keep in mind it's 3 units.

Post: Would this be a good buy?

Phillip St. JohnPosted
  • Hazard, KY
  • Posts 8
  • Votes 0

Thank you both. Since I'm a licensed broker, I'm going to try to find other investors to buy it. At 67 years of age and the desire to take my Bible ministry overseas, I'm reluctant to proceed in ways that would keep me here.

Post: Would this be a good buy?

Phillip St. JohnPosted
  • Hazard, KY
  • Posts 8
  • Votes 0

I'll figure out those costs. Thanks for the help! What is capes & oops?

Post: Would this be a good buy?

Phillip St. JohnPosted
  • Hazard, KY
  • Posts 8
  • Votes 0

House with detached apt

This is a foreclosure. Who can help me decide what would be the best thing to do with this house and how to pay for it?

Thank you.

Post: Hazard KY?

Phillip St. JohnPosted
  • Hazard, KY
  • Posts 8
  • Votes 0

Any investors around 41701?