All Forum Posts by: Reginald Lewis

I have great that I need a partner for but I want to bring the money and let me handle it. Is this a good idea???

I have been trying to get in the "game" for years but I'm not sure what to do. I have great deal in my hands but I can't make it happen. What do you do?

314 Hobart Ave, Daytona Beach, FL, 32114

$50,000 +closing costs

ARV: $90-100K

Market Rent: $900-1000/mo

Est. Rehab: $20-25K

Rental Rehab: $5-10K

2 beds, 2 bath, 1020 sq ft. Built in 1924

Property Description: Check out this home priced at 45% of its ARV! You can Flip it or clean it up and rent it out. The house has new tile floors, Windows, Doors, and an updated bathroom.

City Water & Sewer

Tax/yr: $52/yr

Rehab Scope of Work: Roof, Paint, Kitchen, and Bathroom

How do you fill in the purchase price, on the purchase how to do "double close" I am a wholesaler and I need to get deals done the right way and I feel like I'm going lose deals because I don't know to do the paperwork right.

Thank you so much for finding potential buyers for some of my off market multifamily deals! I am excited to close some deals with you. The best way to ensure we close deals quickly and have a successful business relationship is to always stick to the protocol and prequalify our buyers by having them submit a LOI and POF for every deal. Once we receive that I will send a NCND to ensure we are protected then put buyer and seller in contact to have a fast and effective due diligence period. Please let your buyers know we would need a non binding LOI and proof of funds/ letter from the lender to ensure they can close.

Thank you,

text @205.538.2140

Hey I will have an answer for you tomorrow, text me 205.538.2140

Agent 

UNIQUE LUXURY COMMUNITY IN IRREPLACEABLE LOCATION

► Well located on Raeford Rd. in the growing southwest section of Fayetteville. ► Minutes from local schools, shopping centers, restaurants and large employers such as Fort Bragg, and the new VA medical center. A short distance to Skibo Road and the All-American Freeway. ► Limited new apartment development in the Fayetteville market over that past few years has strengthened apartment occupancy levels to 95% plus. Fayetteville market population growth and tightening vacancies bode well for future rent growth. ► Future ownership has the opportunity to increase rent and fee income and capitalize on recent 95% occupancy levels.