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All Forum Posts by: Shakia Morrison

Shakia Morrison has started 4 posts and replied 14 times.

Post: Should I take this deal or keep it moving?

Shakia MorrisonPosted
  • New to Real Estate
  • Boston, MA
  • Posts 16
  • Votes 3

Thanks for being so honest and direct. I love that!! I will definitely reevaluate my goals moving forward. Thanks again.

Post: Should I take this deal or keep it moving?

Shakia MorrisonPosted
  • New to Real Estate
  • Boston, MA
  • Posts 16
  • Votes 3

I accidentally offered too much for a wholesale deal. They were asking 299 and I offered 270. They responded that they would consider 280. I'm going to offer 275. I am wondering if I can still make a decent profit after all the fees associated with closing. The property is a 2100ft 4 br home with attached commercial space and finished basement. It is located near the beach in a decent area of New Bedford MA and the seller says it can be made into a duplex if you don't wish to use the business space. I also kinda just want to go through with it just to learn the process and I am anxious because this would be my first deal. It is simple, no realtor involved and I already have a title company and contracts lined up. What do you guys recommend ?

Post: Insured wholesale deals

Shakia MorrisonPosted
  • New to Real Estate
  • Boston, MA
  • Posts 16
  • Votes 3

Thank you so much!

Post: Insured wholesale deals

Shakia MorrisonPosted
  • New to Real Estate
  • Boston, MA
  • Posts 16
  • Votes 3

I am very new to real estate investing and am trying to get my ducks in a row before my first deal. I have been calling around to national title companies to find out who can complete my closings and have been questioned about whether or not I will be getting insurance. I had no idea I needed insurance and said no to the first company that asked. That company said they couldn't help me without the insurance. Can anyone explain this? Do you also have any tips on what to ask title companies or real estate lawyers? Thanks in advance.