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All Forum Posts by: Alex Locklear

Alex Locklear has started 70 posts and replied 187 times.

Post: John Alexander's Inverse Purchase

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Just found this article. http://www.bostonherald.com/news/regional/general/view.bg?articleid=1087170

Post: John Alexander's Inverse Purchase

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Any updates on this guys?? I'm extremely interested in using the IP part of the home seller assistance program, but I want to hear from someone first that it is legit.

Anybody?

Post: Help--Wholesaling another investors property

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

I have a buyer who is going to make me a cash offer tomorrow on another investors property that he has under contract.

How can I go about selling this property to my end buyer without having to first pay the investor to assign me the contract?

Thanks in Advance!

Post: best ways to locate pre-foreclosures

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

is that foreclosures or preforeclosures you get?

Post: best ways to locate pre-foreclosures

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Can someone please point me in the direction to find pre-foreclosures? I know some sites have them but I've heard they can be out dated?

Thanks in advance

Post: Listing a house under option

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Is it legal to list someone's home with an agent when I have the home under an option contract? Since I have an equitable interest I suppose I can, but then again, the property is not mine..

Thanks

Post: Deals with not quite 30% equity..

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Isn't buying at 70 cents on the dollar 30% equity?

Post: Deals with not quite 30% equity..

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

Generally Investors look to get deals at no more than 70 cents on the dollar.

Typically most investors are more concerned with equity rather than getting a cheap home. A home selling for $500,000 that is worth $800,000 is a great deal even though it's pricey.

Post: How many make a good buyer's list?

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

How many serious/frequent buyers does it take to establish a decent sized list and begin to look for deals?


Thanks.

Post: Deals with not quite 30% equity..

Alex LocklearPosted
  • Investor
  • Cary, NC
  • Posts 218
  • Votes 29

risky in what sense? the whole point of wholesaling is there's not much risk involved..