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All Forum Posts by: Todd Douglas

Todd Douglas has started 11 posts and replied 168 times.

Post: Strategies to find fix and flip deals in a hot market

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

@Simon Stahl Ever look into any other market such as the Midwest? 

Post: Does anyone ever buy with a QUIT CLAIM Deed

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

I know that here in the Detroit market, a very hot market right now, a ton of properties get sold on qcd. Mainly because it was previously bought from a tax sale. Here the cost to quiet a title can range from 700-2000 depending on whats clouding it. Its not an absolute terrible way to purchase, but for most buyers it is not preferred.

However, If you find some in a decent-good neighborhood with a steal price and the title isn't hard to clear, it may make financial sense. 

Post: Looking for Approx Note Value

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Those are good numbers, especially if the buyer holds them for the length. Do you buy notes regularly? If so, what markets?

Post: Land Contract a Land Contract

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Will do, thanks alot @Brandon Hicks

Post: Land Contract a Land Contract

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

@Brandon Hicks See, that's what I'm trying to do a "sandwich" LC

Post: Land Contract a Land Contract

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Thanks @Brian Gibbons That article was very helpful

Post: Land Contract a Land Contract

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

reason? @David Bell

Post: 13k Sqft Waterfront in Detroit

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Yes @Brent Maxwell Negotiable

Post: 13k Sqft Waterfront in Detroit

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Thanks 

@Brent Maxwell Did you receive that 48221 tape from me?

Post: 13k Sqft Waterfront in Detroit

Todd DouglasPosted
  • Realtor
  • Detroit, MI
  • Posts 183
  • Votes 32

Hello, 

So I introduced this off market property that came to me to the people in my company, they jumped all over but no one has buyers for it. For this thing to be built in 2009, with 6 bed and 6.2 baths who wouldn't want this. I was thinking that maybe my network isnt large enough or have the right people in it. Thoughts on this? Advice?