All Forum Posts by: Dave Charlton

And of course thanks Jason you are always a big help

I just wanted to double check to make sure I understand correctly because the numbers are pretty close other then I needed up put more of my own money in leassons learned lol but you are saying to use the 90k note as collateral towards your next property

I'm looking at doing my first owner finance deal in Greenville SC that I have paid for with cash but Im learning that having all my cash in one spot not the best idea so I wanted to see about refinancing the house after I have a buyer. my question is can I do that without any issues and if so any recommendations or ideas how to set it up as far as land contract, rent to own, lease option? hope you guys can help thanks if you have other questions feel free

117 W Pine St Duncan SC 29334

3BR/2BA - 1605 sq. ft. - .38 Acre

Market Rent - $1100/mo

Cash Price: $75,000

ARV: $140,000

Rehab: $15,000 for flip $8,000 for rental

Address: 117 W Pine St Duncan SC 29334

Size: Approx. 1605 SqFt

Bedrooms: 3 easy to add a 4th

Baths: 2

Built: 1960

$75,000 - CASH ONLY

DETAILS:

Nice big back yard

Close to interstate 85

Currently a 3 bdrm easily made to a 4 bdrm

Laundry has tons of room if you wanted to add a 3rd bathroom

• house is in great condition only needs cosmetic upgrades

Repairs Needed

New Carpets

New kitchen

New Paint

New Laminate

119 W pine st duncan sc 29334

4BR/2.75BA - 3277 sq. ft. - .52 Acre

Currently unoccupied

Market Rent - $1400/mo + $600/mo


Address: 119 W pine st duncan sc 29334
Built: 1940

CASH ONLY


DETAILS:
• Very good school district (District 5)
• about 20-30k in rehab needed
• Brick house and foundation is perfect
• Metal Roof in really good condition
• Dining room all beside the kitchen could really open it up
• Great hardwood floors in part of the house
• Great schools (District 5)
• Almost Complete basement apartment
•

Items needing replaced
• Flooring
• Kitchen
• Paint
• Bathrooms
• Wood paneling
• pourch

ARV 200k

Rental 1400/mth for main house 600/mth for basement apartment

Thanks Darren i had posted it on there as a wholesale deal never thought about posting it for looking for a partner

119 W pine st duncan sc 29334

6BR/2.75BA - 3277 sq. ft. - .52 Acre

Currently unoccupied

Market Rent - $1400/mo + $600/mo


Address: 119 W pine st duncan sc 29334
Built: 1940

CASH ONLY


DETAILS:
• Very good school district (District 5)
• about 20-30k in rehab needed
• Brick house and foundation is perfect
• Metal Roof in really good condition
• Dining room all beside the kitchen could really open it up
• Great hardwood floors in part of the house
• Great schools (District 5)
• Almost Complete basement apartment
•

Items needing replaced
• Flooring
• Kitchen
• Paint
• Bathrooms
• Wood paneling
• pourch

ARV 200k

Rental 1500/mth for main house 600/mth for basement apartment

I have 2 properties  that can be flipped and they fit the 70% rule but I sadly have all my cashed tied up in another property so I don't have any money to put down towards the down payment towards getting a hard money loan.

Not sure what to do hope you guys can help

117 W Pine St Duncan SC 29334

3BR/2BA - 1605 sq. ft. - .38 Acre

Market Rent - $1100/mo

Cash Price: $80,000

ARV: $140,000

Rehab: $15,000 for flip $8,000 for rental

Address: 117 W Pine St Duncan SC 29334

Size: Approx. 1605 SqFt

Bedrooms: 3 easy to add a 4th

Baths: 2

Built: 1960

$80,000 - CASH ONLY

DETAILS:

Nice big back yard

Close to interstate 85

Currently a 3 bdrm easily made to a 4 bdrm 

Laundry has tons of room if you wanted to add a 3rd bathroom

• house is in great condition only needs cosmetic upgrades

Repairs Needed

New Carpets

New kitchen

New Paint

New Laminate

119 W pine st duncan sc 29334

4BR/2.75BA - 3277 sq. ft. - .52 Acre

Currently unoccupied

Market Rent - $1500/mo + $600/mo


Address: 119 W pine st duncan sc 29334
Built: 1940

CASH ONLY


DETAILS:
• Very good school district (District 5)
• about 20-30k in rehab needed
• Brick house and foundation is perfect
• Metal Roof in really good condition
• Dining room all beside the kitchen could really open it up
• Great hardwood floors in part of the house
• Great schools (District 5)
• Almost Complete basement apartment
•

Items needing replaced
• Flooring
• Kitchen
• Paint
• Bathrooms
• Wood paneling
• pourch

ARV 200k

Rental 1500/mth for main house 600/mth for basement apartment