All Forum Posts by: Belinda D.

@Marc Cesar

Are you guessing the #s?

"...calculated the ARV to be 698,281...Repairs are about $5120-6400 property is valued at $625k..."

You need to know the comps (lots of info here on that) and get contractor bids for the repair costs or have someone with repair/inspection experience do a walk through with you.

If you are wholesaling (lots of info here on how to calculate a wholesale deal), subtract your fee.

Hope this was helpful.

@Daniel Ringwald

@Daniel Ringwald

@Daniel Ringwald

@Daniel Ringwald

@Daniel Ringwald

Hi All,

I'll have to pass on this meetup. Temp situation i'm trying to work out.

@Sid Hathiramani , hello and welcome to BP!

@Victor Parag

@Victor Parag

@Account Closed

@Annette Hibbler

@Annette Hibbler

@Haidar N.

@Victor Parag, an investor friendly agent does not always = an agent who understands real estate investment niches and strategies. You should also ask this agent.

Wholesaling and assigning the contract are the same thing.

I do not have the answers to your questions, but I am looking forward to hear what the Canadian "pros" have to say.

These are my "assumptions" and I hope I am wrong because they would be good tools to use: (1) You cannot assign a bank owned property in Ontario, (2) You cannot simultaneously close a RE transaction in Ontario.

We will get our answer soon.

@Al Schnitzer