All Forum Posts by: Jorge Ibarra

Over 6000 soft with basement included

Buy and Hold with Bank Financed 

Flip and Resale 

Minor work needed Around 10

Thanks for the feedback.

Hey BP, I’m in the process of wholesaling my first property. I have everything lined up. I’m just having issues with talking with the attorneys on the closing. I’m assigning the contract over to another buyer. And the attorney thinks I’m doing a double closing. How would I explain them that Im assigning the contract? I’ve had a hard time explaining that to other attorneys as well. I’m all ears.

Hey BP, I’m in the process of wholesaling my first property. I have everything lined up. I’m just having issues with talking with the attorneys on the closing. I’m assigning the contract over to another buyer. And the attorney thinks I’m doing a double closing. How would I explain them that Im assigning the contract? I’ve had a hard time explaining that to other attorneys as well. I’m all ears.

is it still available?

Thanks for the feedback. We looked at other lenders but that’s the best one we found specially for being our first flip. 

Hello BP, need of some help. I'm looking at a deal to do my first flip, the numbers are good. The property I can across is 58,000 and 50k in repairs and the ARV is around 150k from what I saw on Craigslist. I looked at some hard money lenders. So my partner got pre qualify for 77k with 21k down. My question is do we owe them 56k or the 77k plus the interest? I Appreciate the feedback

@Derrick E.thanks for the feedback. What area do you buy properties? 

Hey BP, So I️ have around 40k to invest. What is the best way to utilize it for the best returns?