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All Forum Posts by: Ruth Samonte

Ruth Samonte has started 4 posts and replied 7 times.

Post: buying my first home

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

thanks for all the comments. Looking into mulifamily residentials. How did you guys start having income properties? Would love to get some ideas

Post: buying my first home

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

My husband and I are planning to buy our first home this year and we would like it to be an investment also. We were thinking fourplex, single family home and rent out the basement or having an adult family home? What do you guys suggest?

Post: need help on how much to offer

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

thanks for all your recommendations. I spoke to the seller again and I think its definitely a fit for a developer or a builder since its quite a land. The house needs to be taken down and build houses possibly 4. Im new in learning about selling land. Any insights?

Post: need help on how much to offer

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

how to I calculate how much to offer  when I coulndt find a comparable houses. The house 3/1 bath and is 1060 finished and 900 sq ft unfinished 37,000 lot size. the house is pretty old and needs undating. he is asking 1.5 million. When I looked up at value its around 560K. Does the size of lot matters into calculating the price or the house itself?

Post: Does price matter

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

I have this deal where the seller wanted 1.5 for his property 

Post: How to calculate on a wholesale deal

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

Great thank you. Also does it matter if the property is free and clear or stills owes on the property? 

Post: How to calculate on a wholesale deal

Ruth SamontePosted
  • Kirkland, WA
  • Posts 7
  • Votes 0

I'm new to wholesaling how do I calculate arms and repairs and my profit? Also does the seller and the buyer know how much I'm going to make?