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All Forum Posts by: Ashton Meetoo

Ashton Meetoo has started 2 posts and replied 2 times.

Hey everyone! 

I’m a licensed realtor in Florida and I have a question about wholesaling and it’s legality as an agent. 

I have a large agent in my office that is running aggressive online campaigns to generate distressed properties/leads. She plans to get the properties as a listing.

I was curious if I was I could send a purchase contract to her with the assign- ability clause under my name/company? 

Could I then wholesale those properties? By charging a consultation/finders fee? 

I don’t want to make a killing on one deal, I was thinking 5k per deal. 

I have an extensive list of cash buyers, as I currently deal with many of them on a regular basis. 

I’ve done investment deals before but always as an agent representing the buyer or seller. 

Any advise you guys can give would be very appreciated! 

Hey guys! My names Ashton and I’m looking to get into my first property by house hacking. I’m getting a fha loan and would like to get a duplex or triplex. I live in the south Florida area and the properties are a bit pricey but rents are high so the cap rates are pretty strong. My question is, would it be a good idea to start with a $300k property with slightly lower rent ($1,100-$1,300 per unit) or a $400k property with ($1,800- $2,000 per unit). Let’s assume there both duplexes. I will be owner occupying one of the units for the first year. I appreciate any advice you guys can give. Best wishes,