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All Forum Posts by: Reggie Youngblood

Reggie Youngblood has started 23 posts and replied 82 times.

Post: Judges Determining Sale Price?

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

I have a lead on an inherited property, but the lady said the judge won't allow her to come down on the asking price. Has anyone ever experienced this?

Post: How would you structure this deal???

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

Lease options are illegal in Texas Nate Gelinas

Post: How would you structure this deal???

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

The seller wants someone to take over his payments. The loan amount is 72K, the house is worth about 78K, and the payments are current. I'm thinking subject to, and flip the contract to a retail buyer with the down payment being my fee. Any suggestions?

Post: What return address do you use when yellow letter marketing?

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

I know they say you're not supposed to, but I use my home address. Not really worried about an angry owner coming to my house. I have contingency plans for that haha.

Post: Wholesale A Seller Finance Deal?

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

Man...thanks a lot Aaron Mazzrillo

Post: Wholesale A Seller Finance Deal?

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

What are some ideal terms for a deal? Aaron Mazzrillo

Post: Wholesale A Seller Finance Deal?

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

I have some leads coming in from a mailing I sent out, and a couple of the owners are interested in seller financing. Could I put the deal under contract, and assign it to a buyer just like a regular wholesale deal?

Post: Wholesaling Multifamily Units

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

Thanks J Scott

Post: Wholesaling Multifamily Units

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

I have a lead on a vacant quadplex, but was wondering do I follow the same procedure as wholesaling a SFR? Also, can someone explain GOI, NOI, and cap rate?

Post: Wording To Use In Contract When Buying Subect To

Reggie YoungbloodPosted
  • Houston, TX
  • Posts 84
  • Votes 14

What type of wording would you use in a contract when you are buying a property subject to?