All Forum Posts by: Jason Crowe
Jason Crowe has started 87 posts and replied 199 times.
Post: Investment Property 2 Jax
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,000
Cash invested: $30,000
Rehabbed Property Completely except for roof
Flooring
New Kitchen
Added Room
Added Full Bath (Changed Half Bath to Full Bath)
Post: Investment Property 1
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $105,000
Cash invested: $15,000
Rehab Jacksonville FL
Upgraded Electrical System
Repolished Wood Flooring
Removed Carpet and added vinyl plank
Repiped home
Painted Exterior
Painted Interior
Fixed Sagging Floor in Bathroom
New Appliances
Post: Investment Property Buy and Hold
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $105,000
Cash invested: $15,000
Rehab Jacksonville FL
Upgraded Electrical System
Repolished Wood Flooring
Removed Carpet and added vinyl plank
Repiped home
Painted Exterior
Painted Interior
Fixed Sagging Floor in Bathroom
New Appliances
Post: Has anyone ever purchased property off the Sundae platform?
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
How does this work? I have investors skeptical due to high earnest money amt, then no access at all until closing, .... The requirements are abnormal as no visit to property and have an inspection but that inspection is ordered by who? Sundae, it seems bias and investors dont feel comfortable with all of these terms. There may be some negotiability but the agent representing in jacksonville has information indicating the rules are the rules and not much if any negotiable leeway to see property etc.
Post: Sundae Properties - process
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Who has used this vendor before? No access to property till after purchase? Then minimum of 5k earnest money deposit?
Have you had success with just looking over inspection report to get the bulk of the rehab numbers? Bad or Good Experiences? Interesting process and not many can follow even hard money that requires an appraisal, sundae indicating no access at all till close.
Post: Pride of ownership in Jax's bad neighborhoods
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Jax has pockets within the not so great zip codes. 09, 08, 54 etc.
Post: Second Home Financing
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Is second home seen as sort of a primary loan in a sense pertaining to insurance? Or is the insurance on a second home more as if buying an investment property? For a second home, is there restrictions on renting?
Post: Moving to Jacksonville, FL
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Happy to hear! If I can be of any help let me know. I’ve been in this area for quite sometime and always willing to meet new like minded people. Appraiser, RE agent, investor
Post: Loans on investment prop valued at less than 80k on appraisal -
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Lenders that will loan on values of this amount to allow cash out refis or equity lines of credit. Is there a barrier to doing this much of a loan for investment rental properties?
Post: Equity Line of Credit on Investment Properties
- Real Estate Agent
- Jacksonville, FL
- Posts 208
- Votes 47
Florida options? Different in other states?