All Forum Posts by: Jason C
Jason C has started 3 posts and replied 5 times.
I know this thread has been made before but we can get a recent last six months or Hud list price offer ,counters and purchase price. Wanted to see the success and some examples of what can be bought from hud.
Any iput is appreciated
Post: What should I offer on his deal. My first deal

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House cost 105,000. Two house on the same block sold for 145000 two months ago. I check the comps now and i see some houses selling for 135k 132k and 145k but the 145k has been on the market for four months. Does this change how much i think the house is worth. Im going to live in this house and was thinking of offering 105000 its need about 8000 worth of work. What should i do and what would be a strong offer .
One more question if i intend to live in it can i pay lil higher then usual or investment and living in the house is one is in the same.
Post: Should i try to break even to learn Rei?

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Sounds confusing....I may be better off buying some Hudson and hud it up with some rehabs. And sell it for a very small profit and learn the game. I'm one of them people who has to learn the hard way to learn. I can be honest about that. Only way to learn is to jump balls out right!!!
Post: Should i try to break even to learn Rei?

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Thanks for the replies . So i would acquire the property according to him and give him 10 percent. I really want to get started. Been ready! I would want the property in my nAme correct. Man when it comes my wholesale business i know the INS and outs, but the real estate game is a doozy!
Post: Should i try to break even to learn Rei?

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I run my own business and i make good money about 8-9 k a month. I save most of it cause my bills for the month are 1000 dollars. I have about 200k saved and i want to get into rei but i seem to scared to deal unless it too good to be true so i end not doing any deal. Well i am getting tired of that! Is it smart for me to buy a house not at a crazy discount and just buy it rehab it and sell it and even if i break even that will get me out of my hump and i learn some rehabbing tools as i go along. In my eyes even if i break even i will have learn so much by the process . Is this a smart way to go? I was thinking about purchasing a hud home to start.