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All Forum Posts by: Gerald Cabalfin

Gerald Cabalfin has started 2 posts and replied 2 times.

Post: Structuring a deal for a listing offer

Gerald CabalfinPosted
  • Investor
  • Piscataway, NJ
  • Posts 2
  • Votes 0

I completed a rehab and have it listed for $460k. The deal was funded 85% hard money and 15% private. Buyer absolutely loves the home but can’t get pre-approved at the moment till her business has 2yrs of returns. They’re offering full ask price with $10k down, $2900 rent plus all utilities. My investors and I want to cash out tho. Obviously if a more conventional offer comes along, I'm taking it. Until then, I'd like to pick up and learn what my options are here for a creative solution. Lease option perhaps? Not sure if its a good idea with hard money. 

I was thinking of getting a friend to purchase it with a conventional mortgage, then leave that loan in place for a few years on an “Agreement for Sale” with first buyer. I get to cash out on the sale, but I don’t know how to make it worth it for my friend.

Any advice on structuring the deal to make it even more profitable? I might be missing a lot of pieces, but let me know what info you need and I can fill in.

Post: New agent trying to merge personal and broker brand

Gerald CabalfinPosted
  • Investor
  • Piscataway, NJ
  • Posts 2
  • Votes 0

Does anyone have a real estate investing company and a real estate agent website? I just got my license and am with a small brokerage. I'm struggling with how to brand myself going forward. I know i should brand myself, not the broker. Do most people just keep separate websites for their fixnflip company and separate personal agent website? I've seen many agents brand their names (johnsmithrealtor.com), but I suppose my preference is to keep my company name and logo (since my website and social media presence are all done). I'd convey i'm an agent and investor, while simply mentioning i work for ABC Realty. Is this legal? Any advice is appreciated.