All Forum Posts by: Davidson Francois
Davidson Francois has started 17 posts and replied 50 times.
Post: Attention Investors!!! Great Deal In North Florida
- Miami, FL
- Posts 53
- Votes 11
THIS DEAL WILL NOT LAST!!!
I’m looking for cash buyers looking to purchase a home with equity. The Home is mov-in ready/rent ready. It home has a cottage in the rear of the home that can be rented for $600/month.
14844 225th Rd, Live Oak, Fl 32060
Main house rents: $1,100
Cottage: $600
Asking Price: $190k
ARV: $240,000
SFH 3/2 with additional 1 room cottage in the back of the house.
Sqft: 1,404
Lot Size: 4.83 acres
Built: 2019
The home is fully remodel and ready for you to be the new owner.
DM Me for more information on this great Deal!!!!
Post: Attention Investors/End Buyers
- Miami, FL
- Posts 53
- Votes 11
I’m looking for cash buyers looking to make a large profit or a homeowner looking to purchase a home with equity.
1205 SE 5th St, Cape Coral, FL 33990
Asking Price: $455k
ARV: $570,000
SFH 4/3 W/pool.
Waterfront pool and patio
Sqft: 2,120
Lot Size: 10,000
2 car garage
Built: 2003
Needs a new roof.
Light interior updates required.
Comp- 1028 SE 5TH ST CAPE CORAL, FL 33990-264
Comp- 410 SE 10TH CT CAPE CORAL, FL 33990-2630
Comp- 1007 SE 5TH ST CAPE CORAL, FL 33990-2649
Comp- 509 SE 9TH PL CAPE CORAL, FL 33990-2614
Comp- 919 SE 6TH ST CAPE CORAL, FL 33990-5626
DM Me for more information on this great Deal!!!!
Post: Acquiring off market deals!!!!!!
- Miami, FL
- Posts 53
- Votes 11
Greetings, Can anyone share some different strategies with acquiring off market deals? Are they only for cash buyers? It seems that majority of the off market deal requires cash to purchase.
Post: Would you walk away?
- Miami, FL
- Posts 53
- Votes 11
@Jonathan Greene thank you. Sellers is working with me on applying credits.
Post: Would you walk away?
- Miami, FL
- Posts 53
- Votes 11
@Kase Knochenhauer yes, sellers seems to be working with me on this deal. I believe it should be fine.
Post: Would you walk away?
- Miami, FL
- Posts 53
- Votes 11
@Frank Procopio No I did not know about these issues.
Post: Would you walk away?
- Miami, FL
- Posts 53
- Votes 11
If my offer was accepted but the home inspection came back not so good, Should I renegotiate a lower offer price? Negotiate concessions that I'm happy with? or simply just walk away? What do you guys think?
Post: Mortgage Payment Problems
- Miami, FL
- Posts 53
- Votes 11
will do, Thank you.
Originally posted by @Caleb Heimsoth:
@Davidson Francois shop insurance and appeal tax rate. This happens. Your mortgage payment didn’t change but the insurance and taxes will, especially if they reassess your property every year
Post: Mortgage Payment Problems
- Miami, FL
- Posts 53
- Votes 11
i think that is what happened but I'm appealing it now so we'll see what happens. Thank you!
Originally posted by @Dawn Brenengen:
@Davidson Francois I ask about it being new because the first year the home exists the assessed value is based only on the land, not the improvements (the house). But, after the second year, the house is included too, and the assessed value goes way up.
Post: Mortgage Payment Problems
- Miami, FL
- Posts 53
- Votes 11
i am doing this as we speak.i really think its a error! I was already currently shopping around for new home owners before this took place. It was not a new construction but i did purchase it turn-key. Could that be a reason?
Originally posted by @Dawn Brenengen:
@Davidson Francois Doubling is a lot. You can request an appeal on the value if you think they overvalued the home, and you can shop around for home owner's insurance, but unfortunately, these items do tend to go up over time. Was the home new construction when you purchased it?