All Forum Posts by: Vicki Ducanois

Hi I see these responses are 3 years ago. Any lately

I am actually on Propstream, which is good but it seems not updated enough in South Carolina. 

Dont know how acurate it is here. Old property info, not updated MLS listings.

Trying to get info not on Propelio.  There are soooo many apps out there wish we knew which were the best for the moment. 

Thanks

Hurry, Hurry, Hurry....   do you want the most beautiful residential lot in a waterfront community with a marina, clubhouse, docks, storage area,  residential area, and beautiful homes?  Close to all commodities. 2.13 acre interior lot. 

Yes, this lot can be yours for only $79, 995 ready to build with public water and sewer to be hooked up. Pucketts Ferry has HOA so no mobile homes.

Bring your water toys, you ll need them.    Call now  Vicki Ducanois at 786 300 6574   For agents 2.5% commission.  If not a realtor, call directly Owner/Agent.   Your Home Sold Guaranteed Realty, Kellar Lawrence.  

Hi normally you cannot lose your escrow deposit if the bank denies your loan.  If you want to continue

with this sale, you should put in an extension for the closing asap giving you enough time to find another mortgage company or private lender.   Good luck.  

Hi, I agree with your above statements. I just moved up to South Carolina from West Palm Beach Fl. into a very rural area, Greenwood, hoping that I could start an investment business of building homes and immediately selling. I also became a broker up here too. Now I am scared to death, the housing market in SC is not a great place for high investment. I was hoping to build two homes paying cash, one would sell for $550,000 the other for $350,000 but now am not sure I would get these amounts as the market really seems to be crashing here in real estate. The local people here don't have that kind of money and must take out a mortgage. Mortgage rates are going thru the roof and they are saying they will increase. I really don't know what to do. Should I go forward knowing there will be very little income profit? Any advice?

Hi, I agree with your above statements and believe that you are lucky that your 3 new builds already have cash buyers. I just moved up to South Carolina from West Palm Beach Fl.  into a very rural area, Greenwood, hoping that I could start an investment business of building homes, renewed my broker license up here too. Now I am scared to death, the housing market in SC is not a great place for high investment. I was hoping to build two homes paying cash, one would sell for $550,000 the other for $350,000 but now am not sure I would get these amounts as the market really seems to be crashing here in real estate.  The local people here don't have that kind of money and must take out a mortgage. Mortgage rates are going thru the roof and they are saying it will increase. I really don't know what to do. Should I go forward knowing there will be very little income profit? Any advise? 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $630,000
Cash invested: $100,000
Sale price: $1,025,000

Bought, lived in and renovated.

Have done several buy, renovate and either flip or rent.

What made you interested in investing in this type of deal?

flipping

How did you find this deal and how did you negotiate it?

I am the broker, no commission on my side

How did you finance this deal?

paid cash

How did you add value to the deal?

Revovations

What was the outcome?

cash gain.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I recommend my self I am a broker in Florida and South Carolina.

I am looking to buy land to build spec homes and flip in this HOT market. There are quite a lot of lots for sale, I will buy one waterfront but 

which is the best area for the money now? Up coming developments, stores or employers?  is it better, Punta Gorda, Port Charlotte, Cape Coral??  Most lots seem to be .25 acres but price is all over the place.  Please advise. 

Any info is really useful, anyone know or recommend the best spec home builders there? 

Thanks Vicki