All Forum Posts by: James Krell

I have an interesting one. The seller is married and owns the home in his name alone. His Husband refuses to allow him to sell even though he would receive half of the proceeds. Also, since he moved out 2 years ago he stopped paying and now the house is in Foreclosure procedures. The seller does not have much money to pay an attorney to handle the divorce. In Florida the spouse must sign in order to sell the property. Is there any work around? Interested in how I can help this guy out of a nasty situation. 

Waterfront 3/2.5 SFH Casselberry - ARV $325K

3 Bed | 2.5 Bath | 1,440 sq. ft. |

Priced at $238,000

PM ME FOR PICTURES

Cash or hard money buyers only, Realtors, add your fee on top!

Call 407-706-5532 / PM Me

Congrats! 

Hello BP family!

I am looking for referrals for reputable attorney in Orlando, Florida who has experience with real estate as an  investment property. Looking to consult with them about beginning our investment journey and hedging the risk in the best way for our situation. Other examples include partnering do's and don'ts, insurance, basically as much as possible to CYA. 

Thank you for your time!

My partner and I are doing our first brrrr. Here’s the numbers

PP 150,000

Hard money loan-135k

Repairs-15k

Signed lease of $1650 per month.

ARV 220k

My hard money lender offers two loans that keep the property in the Llc.

Option 1 80% new appraised value 30 year fixed

5% apr

Option 2 10/1 arm. 5% Interest only for 10 years and then libor + 5.

I’m torn between cash flow and paying down the asset.

Curious to see what you guys think.

Hello All, 

I have been researching wholesaling for a bit and finally started to make the leap to give it a go. Since I started three months ago, I've got three properties under contract. The challenge is that I cannot find cash buyers. Two of the three I had to split with another wholesaler. They have the cash buyer list that I want. I know it takes time but I'd love to hear tips to help build the list. So far I've been networking, telling everyone what I do, and ask everyone how I can help be a resource to help build relationships. I am involved in local REI's, on BP, etc. Any other tips?

Thanks in advance. 

James

@Ashley Herring

Hello BP Members!

I am looking for cash buyers for properties listed in each of these counties. Message me and I am happy to either add you to my cash buyers list or just send you the link to the properties of these specific properties for sale. 

Thanks!

James Krell

HI Philip, 

I'm in the Orlando are so let me know if I can help you in any way. 

Thanks,

James Krell

Hello BP Community, 

I've got an off market deal in Leesburg. Please reach out to me if you would like for me to send you the details. 

Thanks!

James Krell