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All Forum Posts by: Jonathan Toruno

Jonathan Toruno has started 28 posts and replied 48 times.

Post: Is it ok to go farther for your comps?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

Yes I went up to a year first and there was only one. And I’m up to a half mile out right now

Post: Is it ok to go farther for your comps?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

Is it safe to go up to a mile from the home for my comps? Because there is nothing around it in immediate vicinity that is near its size. Any help would be awesome.

Post: I only got one comp?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

What do I do if I only got one como in last 3 months? I’m satisfied with just the one but do I pull more anyways? Even if it’s big gap?(6-7 month gap)

Post: How do I wholesale an unfinished house?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

@David Bokman and another thing I have no houses to run comps because none of the houses are even close in size but the only other house on the street is a house worth 290k. Do I use the price of the sqft and use that to calculate ARV?

Post: How do I wholesale an unfinished house?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

@David Bokman what i meant was construction never finished and it’s a 10000 sqft house. They ran out of funds to finish the home.

@Jeremiah Samuel it’s for a brrrr.

@Jerry Cima It’s for a brrrr

Post: How hard is it to get hard money loan on 1st investment?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

@Caleb Jordan I’ve never owned a home so this would be my first investment as far as real estate goes

Post: How hard is it to get hard money loan on 1st investment?

Jonathan TorunoPosted
  • Rental Property Investor
  • NC
  • Posts 52
  • Votes 8

@Michael Noto Aside from the deal what would they look at?

Was wondering how do I convince anybody to fund my deal as far as what kind of repayment terms do I write in? I have a potential deal here in NC