All Forum Posts by: Chevis Duncan

can someone tell me what arv is and where to find other re terms explained?

lease option and rent is what iam looking to do

tony, just wanted to say thanks for doing what you do...I appreciate it with the upmost respect and wish you well in all you do!!!welcome home (when you get here)

glenn, im kinda in same boat on post,"how would you purchase?". so if you get any advice, would you pass on?

thanks jon

yes, jon
they are in pretty good shape. i could do a little updating and possbly purchase a little cheaper. but our area has been hit so hard, all i have approached for hard money is scared to death, but i am still working it every day. i will ask about owner fin. but i dont understand what a subject to is? can i get some insight from you guys?

thanks curt,
i understand everything you said, thus the title of the post....
so how can i aquire these two?

ok this may be a little off subject, but how much and what are the best kinds of advertising to do when you want to purchase and should a re agent be a part of that ad for you?

ok, a prop i want to purchase is listed at 21k, it appraises for 40k. i need 20% down and the lenders only lend lesser of two right? renters are in place and want to stay at 400/ mo. how can i purchase and use the equity for the next deal which is almost the same...app at 32k, purchase at 18k with 400/mo renters in place? my credit and and debt/income is great, cash on hand is issue, but i can afford 20% on 1st prop, just want to stay out of my wallet if at all possible
thanks in advance

sure is good to read this stuff on here! Tim, good words of wisdom, i always enjoy what you have to say. and mr. gift, you are correct...what goes around, DOES come around...and i am in the same boat you are. we all need to make a point in 09 to give more...it WILL come back around. remember this...
money is not the root of all evil, THE LOVE OF MONEY IS!!