All Forum Posts by: Edward Figueroa

My bad everyone. The topic is suppose to be about suggestions on how to find living Heirs for a Vacant property.  Home owner was never married, no children and parents are deceased. He had a live in nanny which the homeowner was paying himself.  Once he passed away, City took the body and that was it.  Can't find no obituary on the deceased Owner.  Nanny indicated he had no family left.  Looking for suggestions.

thx

Ed
 

Hello,

I am wondering if there are any Hard Money Lenders in the Dallas,TX area that offer

Hello everyone,

My name is Edward Figueroa and I am seeking advice on my first property to wholesale in Irving,TX. I have flipped around 5 properties in my time, but never wholesale. Money is tied up for me to rehab this house. The seller has offered his property to me for $60k (my fee is already included in the price). I had my realtor run the comps for me and indicated the ARV average will be $81.95sqft = $124,810 and the max - $101.50sqft = $154,845. I have concluded that the rehab cost will be $30k-$40k. Is there potential there for an investor to be interested? I do not fully grasp the double closing. Also, can I use the TREC contract? Or is there an "assignment contract" that everyone uses.

Thanks,

Edward

Oak Cliff Development Ventures, LLC