All Forum Posts by: Account Closed

I'm a licensed contractor in Wichita

Also I domy own properties in Wichita. 

Let me know what you're thinking about doing .

@Joe Villeneuve

When a person does a wrap it is selling g something they have a loan on 

Can u do an onwer carry then find a new buyer at 1400 a month and sell it to them owner carry, and keep the spread

Come by and check out the house I'm working on.

Thank you guys so much for jumping in on this thread. 

I like the security 1st option.

If you happen to have a copy of one that would be awesome 

Also, if your friend will be in town I would love any advice they have for owner carry.

I have been calling around Wichita looking for an attorney that is proficient in owner carry and contract for deed law.

It seems they are confused at what I'm asking or they want to charge A LOT.

Maybe in being cheap, but does anyone know an attorney that does good work?

_Looking to buy packages of SFH

Right now it seems like multi family is overpriced. I just found an off market deal for 2 4plexes for $715K total purchase price.

Total rent is $8k mo. 

Its in a really nice area on the east side. Would this fit into numbers you would consider?

It seems as if new construction may be a better option. Have you tried the brrr stratagy? That is what has been working best for me.

_Derek Blades on facebook

_Looking for hard money lenders ( $50k - $150k | 3-6 Months)

_Looking to buy packages of SFH

@Ariel Nixon, Do you know Josh Williams? 

Anyways, I think that a 20 year at about 6% is what I do my SFH at.

i usually pay cash then do a refinance and try to recoup all my investment. Its the BRRR strategy they talk about here on bigger pockets.

This might work for you since you are doing some remodeling to your properties.

_Derek Blades

_In the market for hard money lenders

Would it be worth getting a contractor liscens and subibg out the work?

I am wanting to do this in Kansas. 

I have loans on rental homes and I want to sell them on a wrap, owner carry. 

Needing help with the land contracts. 

Hope someone that knows this stuff will see this thread and help out.