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14 July 2018 | 12 replies
The $60-70k rehab estimate seems high as I'm shopping for an Inglewood condo and some of the worst 2bed 2baths in the city wouldn't require over $20k in repairs/upgrades.
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20 June 2018 | 3 replies
We are buying our first list of 1,000 owners and need to append 1,000 phone numbers to go with them so we can follow-up call.
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23 July 2020 | 21 replies
If the roof needs repairs they would handle that process and maintain the solar equipment.
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25 June 2018 | 8 replies
and get them to give you the phone contact info of the tax buyer.
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18 June 2018 | 5 replies
Or are they just dodging your phone calls, emails, and letters?
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26 June 2018 | 2 replies
You can't build a relationship over the phone, and for sure you can't build a relationship with "Hi, your in foreclosure, would you like to sell" which is often the agents first question when they go after foreclosures.
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15 February 2020 | 9 replies
The following formula should help you as a wholesaler:70% of After Repair Value (ARV) - Repairs - Your Wholesale Fee = Your Offer PriceFinding people that are willing to sell their property at such a discount is the most difficult part, but if you can do it, the buyers will come from all over to buy it.
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23 June 2018 | 15 replies
You would use their money to purchase, and do the repairs as quickly as you reasonbly can, then go to your bank and get permanent financing (or get your whole mortgage as a HELOC if you can find a bank/credit union to give it to you that way).It'll cost you a few points to the hard money lender, and a 10-12% rate for the time you have it.
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19 June 2018 | 2 replies
Hi, my name is Derick Brown Jr.I am a REI currently located in the quad cities Are there any investors here who would be open minded to networking some time soon over a phone call?
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19 June 2018 | 4 replies
The numbers check out and this will be a great deal however we are stumped on figuring how to pay for some of the repairs that probably need to be addressed.