All Forum Posts by: Dan Green

Hi BP family! im a little confused right now so hopefully my extended fam can help me out a little. I was speaking with someone who is wanting to sell me a property here in tampa fl.  The property use is single family R but it is zoned commercial intensive it also has 6 bedrooms and 4 bathrooms. Is it possible to for a property to be commercial and single family?? if so what can i do with this property? Im looking to wholesale it but Im unsure on which way to look at it or how to determine the value

Hi BP Family! I recently got a call from someone that wants me to buy there house. Here’s the potential issue I’m running across here. It’s in Port Arthur Texas/ Beaumont Texas and Im in Tampa Fl. The owner is super motivated and Wants get rid of it ASAP! I tried to call a few real estate companies today, Keller Williams remax and another one but I kept getting the newbie realtors who don’t know how to run proper comps. Can anybody give me the first few steps they would take on wholesailing an out of state deal!? Thanks in advance.

Hadar Orkibi the bank had it appraised at its current state its worth 210k the roof plumbing a\c electric foundation is perfect. It just needs some updating. It has wall paper. We owe the whole 190k

Hadar Orkibi it would rent for 1700 monthly

Maxwell Lee what other numbers do you want?

Zana Blue I was thinking commissions and other closing cost would eat our profit up if we sold it at a discounted price.

Andy Robertson Andy I wish I could keep it but I do t have the money to update it to rent it.

Are there any subject too investors here in Jacksonville that can help me out with a deal that i have?

Here are details summed up 

This is a family house. My Aunt and uncle died left my cousin a house. They took out a 190k line of credit before they died. The bank is treating it as a mortgage and not a HELOC. Payments are less than $550 until 2037 when the loan is paid off . The Ouse has an ARV of 265k all fixed up. The house is in great condition it just needs updating. It's a 4/2 2400+ sqft in the good part of Arlington. It is going through probate and will be done  next week. I need to know which direction to go with this because at 190k its not a flip but i know this can be a great subject too. I am in Jacksonville today as well

Hey I'm a wholesaler here in Tampa Fl but Jacksonville Fl is my hometown. I have a family house that I'm wholesaling right now in Jacksonville but it's looking like it's going to be a subject too deal. I'm. It quite sure yet. Are there any subject too savvy investors on here who can help me figure out which direction this should go In?

Are there any Subject savvy investors in Jacksonville Fl? I could use the guidance