All Forum Posts by: William T parkerIii

@Bill Brandt it's definitely a long term mindset on this investment

@Oren Pfeffermann all I really did from a numbers standpoint was look at potential income and my ARV.

@Spencer Gray I understand the anology perfectly....your saying if the opportunity presents itself to swing away and deal with my results.to grow through my experiences good and bad.is that about right

@Jay Hinrichs being new to investing I would think buying now and working it out situations later would be the way to go....i won't be considered an investor if I never actually invest. The price is good but I been waiting for confirmation that I should pull the trigger.could be the fear of my first purchase.idk

Is it better to buy and sit on a property you consider a great deal or is it better to wait until the situation is perfect and potentially lose out.

@Lori Greene thankyou I will look for that 1 on 1 option for the appraisal...also I haven't found a mentor yet but I'm looking.i don't want to waste anyone valuable time.i would like to add value to someone in that kind of amazing relationship....i will definitely continue that much important search.

@Danielle Wolter buying it because it's a great deal to start my investment career..could get it around 30k if the appraisal goes in my favor. Rehab shouldn't be to much but compared to properties near by,I could possibly be looking at an ARC of 150k-175k

Good afternoon all it's a pleasure to post for the first time on bigger pockets..my name is William Parker and i need your wisdom and skill in regards to my real estate investment situation.

Situation:

Grandparents have been moved to senior living facilities and I'm trying to buy the home.originally I had to pay off the balloon payment of 15k.i was recently informed Medicaid is now involved and my aunt who is power of attorney can't sell the property for no less then market value.i need to get an appraisal so i know how much the home is worth. The home is now in default and time is running out.im not opposed to financing and would advice on finance options.im looking for someone to guide me with the buy,rehab,rent,refinance and repeat process but this investment is personal so I want to get it right

My apologies for the lengthy post but I wanted you to know the full situation.i

#BEGREAT