All Forum Posts by: Jason Douthitt

ARV $130,000

CASH or Hard Money BUYERS ONLY!!! Investor special within walking distance of the University of Tulsa. Great opportunity for a rehab to flip or rent out. $30K to buy and $50K budgeted for rehab yields a potential profit of $50K!!! Even more for the "Hands-On" Investor! This SFR has an added efficiency apartment that could potentially pay for the property on its own.

Video Walk-Thru https://youtu.be/CBpaSWNAgSQ
Previously Sold Nearby
2832 E 1st Pl, 10/20/15 $115,000
133 S College Ave 7/08/15 $135,000
218 Waverly Dr 8/17/15 $130,000
217 Waverly Dr 6/01/15 $132,500

Contact Jason or Jamie at 918-323-1006 / 918-516-8411

https://TulsaWholesaleHomes.com

I spoke with the B2R guys a few days back. They will do portfolio loans. 

I don't know of anyone locally giving SFR portfolio loans currently.

@Chris Simmons Said something about working in a local bank if I remember correctly. Maybe he can pipe in?

I'll second Dryer. 

The address is 432 E Oklahoma Street Tulsa, OK 74012. More photos and info can be found here (Zillow Direct Link).

Call for more info.

Wholesale Property In Tulsa. ARV up to $116,000. Available at $39,000.

Recently sold Comps:

1233 N Cheyenne Ave $110,000

513 E Marshall Pl $116,000

428 E Latimer Pl $90,000

https://TulsaWholesaleHomes.com

I don't order inspections unless the lender requires them. I'm in Tulsa and can get a house drilled/sprayed for termites for around 650$ if it's around 1500sq ft or less. Termite treatments are cheap and termite inspections are generally free of cost in my area. 

send me the details. If I don't want it, I most likely will have a local buyer that does. I'm not an agent though. I'm a buyer and wholesaler in the area. 

I agree. I just got off the phone with her and explained almost all of what you described. I ended up adding that we had her money at the title company already waiting for her and what if the other guy backed out on her? 

Thus far she has agreed to go ahead and show up at closing tomorrow. 

I contracted the property on Jan 31st with a closing date of March 3. The lien holder's LLC was out of date with the state so we had to wait until it was updated for the lien release to be valid thus had to get an extension for the contract. I assigned the contract to an end buyer.

Now after waiting several weeks for the lien release, the seller wants to back out. They state they never delivered the signed extension to the title company. I do have text messages from her promising that it would be done. Closing is scheduled for 3pm tomorrow. The seller is supposed to call me in an hour. 

Any thoughts?