All Forum Posts by: Tyrone Therease

What will be the key points to analyze when structuring a motel with a residential attached it's my first one just looking how to do the numbers to come up with a reasonable offer and knowing I would get a good cash flowing and ROI.

Thanks,

Tyrone

Hi everyone I have a situation and need some advice. I have this property under contract I have had multiple cashbuyers go see the property its a 3b 1b the seller said it’s on a double lot but the lot it’s not big enough to split, however it’s a single family home and it’s a potential tear down it’s gutted it’s in real bad shape the seller ran out of capital that’s why he wants outs. I have a buyer but he said it’s worth 40k and he can close immediately, however I have it under contract for 73k the buyer said he will give me 5k as a finders fee. I wanna know how to structure this deal moving forward, it’s been hard to sell due to the condition from day one!

Thanks

How's it going REI professionals? I'm posting this because I'm looking for Saint Louis MO Realtors, 1st time investors , Contractors that's in that market I have a few properties under contract and looking for you all for current investments properties and future investments properties I'm new to this market. I just wanted to connect with most of you with confidence I can meet your criteria and find you all properties at a deep discount!

Please connect with me, and let me know I can contact you! 

Thanks 

Yours Truly 

Tyrone T 

Hey  I found a motivated seller fsbo thats also a investor she really is nice and I have gained her trust and don't want to lose it, i told her my wife and myself is interested in purchasing her home, although i have not told her that we are investors as well and we are doing it virtually for the most part, moving forward to get this property under contract do i mentioned we are investors or where do I go from here.