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2 August 2015 | 8 replies
Tend to be very intensive properties, have crappy financing, and the sellers books are generally not good at that deal size.
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4 August 2015 | 4 replies
Just need to find someone willing to lend a small portion to make a good return.
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13 August 2015 | 166 replies
My intentions at first will be to wholesale since I already have a nice sized list of investors who I know are looking for good deals and already buy from other wholesalers.
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19 January 2016 | 12 replies
I can amortize some portion of floors/carpet with a higher rent to them.
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2 August 2015 | 0 replies
Now I could purchase with cash but would rather finance a large portion and not take the hit on selling out stocks.
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4 August 2015 | 6 replies
Im new to this wholesaling portion.
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23 January 2017 | 9 replies
I am using private money to fund the deal and would repay once the refinance portion is in place.2 Bed/1 BathOffered: $21,000 all cash, no inspection contingencyClosing Costs: $1,500Taxes Current Year: $1,800Needed rehabs(Estimated): - Fix grade issue $300- Demo and remove patio $500- Demo and remove moldy drywall in basement $150- Repair basement cracks/seal/paint $500- Dehumidifier $300- Paint interior $300- Paint Exterior $200- Add/repair downspouts $500- Replace boiler $3,000- Replace siding on carport $400- MISC Electrical $350- MISC/Oversights $1,000TOTAL Rehabs: $7,500ALL IN TOTAL: $31,800Comparables in the area are around 45k-48k on average.
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3 August 2015 | 5 replies
I don't have a large enough sample size to use my numbers as gospel.
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6 August 2015 | 10 replies
But I don't know the size of the property or the condition.
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3 August 2015 | 4 replies
That is hard to see - here is full-size image link: http://s17.postimg.org/xnsdd8zgv/model.jpg