It is a 6 unit property in Jersey City.

Interested wholesalers in Oregon and Washington, feel free to contact me about deals and funding.

I am a newbie wholesaler and I recently moved to the Houston area from Dallas.

I have done this numerous times with title companies but some of these real estate attorney's in Northern New Jersey don't understand creative real estate investing.

Here you will meet rehabbers and wholesalers who provide deals.Two Great reads, I bought both J.

It is a great group but they just didn't have a lot of things for wholesalers at the time.

Here is my dilemma:I have a property in escrow right now and am wondering whether to wholesale for a lump sum, or purchase for cash, rehab and sell on a lease option.Here are the numbers:ARV 90kPurchase Price 37KRehab 20kAssuming my money partner refis for 65% LTV; and sale in 3rd yr, after all is said and done here are the numbers and cash flows rounded:Period 0 – (-$57,700) Period 1 – $72,000 (Because of Refi & Cashflows)Period 2 - $6400 Period 3 - $31,000Total – $51,500NPV Based on 25% Discount Rate - $19,700Basically, because this is a no money down deal for me I will be receiving only 25% of all benefits.

I am a wholesaler in the Houston market and I'm from Upstate NY...small world.I'm glad you're following your heart and going after your passion to flip houses.

Anyone in New Jersey?

But I think I want to wholesale it instead.