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All Forum Posts by: Rickey Luna

Rickey Luna has started 14 posts and replied 80 times.

I have already purchased a house and have done some work. My question is do I do a 50/50 split or just a percentage on rehab money that I need. Have heat and cool,plumbing and electrical done and inspected. PP: $40,000 Rehab:$24,00 ARV: $105,300

Post: Joint Venture how to set one up

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4
I have already purchased a house and have done some work. My question is do I do a 50/50 split or just a percentage on rehab money that I need. Have heat and cool,plumbing and electrical done and inspected. PP: $40,000 Rehab:$24,00 ARV: $105,300

Post: 3/2 Cosmetic Flip at 58% of ARV Mostly Cosmetic

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

Could I get more information 

[email protected]

Post: JV Partner Wanted for closing tomorrow. 108k+ profit split 50/50

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

I'm interested 

Post: Michigan Partners wanted, find leads

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4
Originally posted by @Alan Faitel:

Wanted Partners

Real Estate Partners Wanted for Flip and wholesale 

I am looking for partners that want to do mailings to landlords in Michigan, 

I do all the work you get 1/2 the money

Custom Mailing lists.

We can do a mailing with your criteria

Choose from 39 categories.

What does the seller owe?

How long has the seller owned the home?

Real Estate Mailing Service (Michigan)

Alan

 Very interested!!!

Post: Michigan Partners wanted, find leads

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

Very interested!!

Post: We Need to borrow $125K for fix and flip any lenders interested?

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4
Originally posted by @Doran Summers:

@Rickey Luna. I may be able to help. Is your credit score over 630? How much skin in the game do you have? 

Are you looking to hold or flip?

 Credit score 700 

Skin $5000

Flip

Post: Properties and Funding in VA, MD, DC

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

@ Joe Arlt 

Would you invest in Michigan?

Post: Partner or Loan? I would like to Partner up

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

Ann Arbor, Mi.

3 Bed / 2 bath - 925 SF

Needs Cosmetic updates and general clean up

Worth $203k

Asking $165k

Rent $1800

2424 S.Circle dr. 3/1.5 1025 SF, $206k

1055 Western Dr. 3/1.5 1053 SF, $225k

1035 Western Dr, 3/1.5, 1240 SF, $261k

1009 Western Dr, 5/2.5, 16917 SF, $325k

1062 N Maple Rd, 3/1, 925 SF, $197k

Post: We Need to borrow $125K for fix and flip any lenders interested?

Rickey LunaPosted
  • Investor
  • Lansing, mi
  • Posts 94
  • Votes 4

@John Thedford or @Sam Thomas I need loan for 

PP $24,000

Rehab $14,000 

How much skin do need to put in?