All Forum Posts by: Satch Bernhardt

Check out this Off Market Rehab in a hot area of Palm Bay, FL. Roof is in good shape and A/C is from 2014. The work is cosmetic all around. Contact me before it flies off the shelf! 

ARV $185K

Repairs $26.5K

Price $119,900 + CC

Hi there,

Do you guys have an attorney or Title company go over the paperwork for owner financing?

Hi everyone, I got this deal that I don’t know how to arrange it. Owners have this property with tenants on a lease option. Their lease is up at the end of September and tenants could not qualify for a mortgage. They have always paid on time and want to stay there for another two years with a new lease option and hopefully qualify by then. Owners are old and want nothing to do with real estate anymore. They are willing to work whatever is necessary with me. They asked me if I wanted them to assign the lease option to me so I could buy it with the already equity tenants have in place. My intention is to wholesale this deal so I don’t know if I can have the lease option assigned to me and then I assign it to the end buyer. Or should I wait for their lease option to expire and then proceed to put it under contract with a normal purchase/sale agreement. Any help is greatly appreciated and hopefully I can return the favor back in the future!

@Kinny Hay yes

Have you guys used Rebogateway? And if so what are your thoughts? Thank you!

Great pool home with most of the rehab done for you. All it needs to start renting is a new roof and eventually a new A/C unit. 

Rents are going for $1,200/mo or you can put about $15K into it and sell it for an ARV of $150K.

Contact me to purchase!

What company have you guys used for skip tracing? I have used Datazapp but I found about 90% of the phone numbers are not working.

Great rental in Cocoa, FL. Tenant has been staying there for the past 5 years and will continue to stay if you desire. Otherwise put $20K into it to rehab it and sell it for $120K. Either way you will get a nice ROI.

Contact me at 321-236-3018 for photos or visit my website www.BernhardtRealtyInvestments.com for more opportunities in central Florida!

@JackButala thank you for the help!

What’s your deal man? This is the second post I see you make with BS sarcastic comments of some sort or simply plain negative. These forums and are supposed to be for helping other people. If you have nothing good or positive to say then get out or simply shut up.