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All Forum Posts by: Jerry Johnson

Jerry Johnson has started 16 posts and replied 34 times.

Post: investor + realtor.

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

What is your a opinion on a investor and realtor. Is there a big advantage of being a individual investor and becoming a licensed Realtor all in one?

Post: Contractor under bids his job and can't complete rehab. What 2 do

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

Thank all of you for you influential input, you are all awesome . You all really made feel like there light at the end of the tunnel. Thank you all

Post: Contractor under bids his job and can't complete rehab. What 2 do

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

what about getting the materials needed ? @Aaron McGinnis

Post: Contractor under bids his job and can't complete rehab. What 2 do

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

I got 3 bids on a property, i chose the middle bid, 4 to 6 weeks rehab on a flip. I paid 2 of 3 payments. Now contractor tells me he under bidded the Job. We are under contract.. what should i do?

Post: package deal and personal home

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

@Jake Thomas thanks again. i appreciate that...

Post: whole sale package deal 4 properties

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

@Lindsay Conway Sorry for the delayed response, Actually in the process of HELOC.

Im going to sell one.  I can get you in on the next potential deal.  My father is my realtor, Im just an investor. I will keep you guys in the Loop.  I will be back state side first week of May.. 

Thank you for your interest..and your in-site...

Post: package deal and personal home

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

@Jake Thomas thank you for your expertise in this matter,very helpful..

I guess you can say i got a little lucky and it was a off market, deal...

Post: whole sale package deal 4 properties

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

@Don Colagrossi Thank you very much for your expertise.. very helpful...

Post: whole sale package deal 4 properties

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal?

4 investment properties move in ready . Fair market Value between all 4 single family properties are between $60 to 68K .

purchasing in a package deal for $107k

I want to hold on too some cash, so I'm considering Home equity or line of Credit

I know these 2 options depend on what my plans are with this 4 properties.

Also, I would like to save on some fees, from using the bank.. Credit line and home equity are quicker options in this situation,,

Just trying to get a feel from other investors..

thank you.

Post: package deal and personal home

Jerry JohnsonPosted
  • Wholesaler
  • Lancaster, PA
  • Posts 34
  • Votes 2

Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal? 

4 investment properties move in ready . Fair market Value between all 4 single family properties are between $60 to 68K . 

purchasing in a package deal for $107k

I want to hold on too some cash, so I'm considering Home equity or line of Credit

I know these 2 options depend on what my plans are with this 4 properties.

Also, I would like to save on some fees, from using the bank.. Credit line and home equity are quicker options in this situation,,

Just trying to get a feel from other investors..

thank you.