All Forum Posts by: Jamie Wooley

Hello everyone,

I am looking for true wholesale deals. I understand there are many buyers right now but if the deal is really a deal I WILL close quickly and there will be no hassle. I am interested in SFR to flip and multi-family to buy and hold. Criteria: SFR 3/2 no garage conversions and in the areas or surrounding, Wylie, Sachse, Plano, Garland, Richardson, Carrollton, Kaufman, Crandall, Forney and Terrell. $150,000-$200,000 ARV.

Criteria: Multi Family 2-10 units....Same cities, if the deal is good the money is there.

ALL CASH BUYER!

Please add me to your list...Cash Buyer

Please add me to your buyers list...All Cash

Please add me to your list.  Cash buyer!

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I am in the Dallas area!

Thank you very much for your responses. All good advice! I know everyone has their own strategies. I just wanted to see if anyone out there had their take on my situation. I just want to optimize my REI the best way possible.

Hello All,

I am new to REI (first year) and I have been working very hard to learn as much as I can each and every day. I have learned through many different facets and getting my feet wet flipping a few properties. I do however need a little help moving forward.

I have a private lender at 8% who also happens to be my father. He is very successful and travels for leisure 6 months out of the year. He would like to acquire 4-6 rental properties SFR for himself, for tax purposes and extra cash flow. I was very interested in flipping to begin with and buy and hold for my future acquiring 1 property a year or so. But the more I read and listen to successful investors the more I wonder is my approach the best with my situation. So my question is....if you were me what would you do.

I am a RE agent only for the purpose of investing.  I have private money at 8%, it is not endless but plenty.  I need to have $50,000 a year to live comfortably while building my business.  I would like to acquire buy and hold for my retirement and cash flow.   With these things in mind, what is the best strategy?  

I really appreciate any feedback!

Thanks Justin,

My question is if I find a buyer that is not a MLS listing can I just pay them cash and transfer the deed to save on closing cost?

Also, when selling the house with my RE license I put the commission towards closing.  Is this the best option for me as well.

I am just trying to make sure I am buying and selling property the most efficient way.  So I don't spend money where it is really not needed.