All Forum Posts by: Aaron Cheatham

The buyers know the duplex needs.some.work. I plan on assigning or.double closing on.ten contract. If I double close I only plan.on paying 50% of closing costs on the a to b transaction.

Hello,

Firstly Id like to say i love this forum it might of been the best thing I've ever ran into online.

Here is my situation!

I recently found a duplex that is for sale by owner. I went to see the duplex and took pictures of it. I then posted a few classified ads marketing it for sale at 35k.

I got a nice response of people interested in seeing the duplex. I didnt revel any address information. Just basically harvested everyone who contacted me about the duplex into my awebber account.

I then gave a offer of the duplex for 18k and it was declined by the owner. The owner's counter offer was 23k and I pay closing cost ( he has the duplex for sale at 25k)

I just followed up with a offer for 20k and we split closing costs 50/50. I think he will accept this offer.

to get to the point, I want to make sure I am getting the best number possible for this duplex and also want to make sure I can get at least 30k for this duplex. I signed up for real quest and pulled some info. Here are the stats.

Estimated Value : $59,000
Forecast Std Deviation : 22
4 beds / 2 baths / 2,362 sqft
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Property Characteristics
* Living Area :2,362
* Beds :4
* Baths :2
* Total Rooms :10
* Year Built :1900
* Lot Size :3,300
* Property Type :PUD
* CoreScore :—
---------------------------------------------
Tax Information
* Assessed Value :$36,000
* Assessed Year :2010
* Annual Tax :$1,075
* Land Value :10700
* Improvement :70%
* Improvement Value :$25,300
* Tax Value :$36,000
* Tax Year :2010

The property has a detached garage that needs some paint. The fuse box needs updated , also there is a small crack in the main sewage pipe in the basement.The duplex could use some new carpet but isn't necessary.

There are no tenants in this duplex. It is a great size.

Do you think double closing a contract would be the best scenario in this case?

All help and comments are greatly appreciated.

thank you
Aaron

Exscue the typos I'm sitting in traffic typing on my Evo 4g lol.

Hello .

Im looking at a reo property I got off the mls. I have a flash cash lender who sent me a approved funds letter. The realtor is asking for a hand written check for 1k in order to submit the offer. Is there any way around the 1k handwritten check ? I have people interested I want to lick up the property before I send them buy. the gash cash under is costal funds

Ok thanks a lot!

Hello.
Here is my situation. Any help is appreciated.

I am looking at 3 houses to wholesale.
A lot of the people asking about the properties want to.ride by and take a look at them. I don't want to give them.the address until I have the property under contract some of the places have the for sale sign in the yard. what shall I do ?

Hello. my name is Aaron I'm a new wholesaler from Pittsburgh pa. Love this forum. Just saying hello![b]