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All Forum Posts by: Krissie Cole

Krissie Cole has started 5 posts and replied 114 times.

Post: REIA meetings or meet ups in Virginia Beach?

Krissie ColePosted
  • Real Estate Broker
  • Virginia Beach, VA
  • Posts 127
  • Votes 31

Grant, Thanks for the info. Think Im going to the meeting this Saturday the 18th in virginia Beach.

Krissie

Post: Ohio four plex multifamily - Initial Offer and Analysis

Krissie ColePosted
  • Real Estate Broker
  • Virginia Beach, VA
  • Posts 127
  • Votes 31

@Kyle H.  how do you find out vacancy rates in areas? 

Post: Hampton Roads

Krissie ColePosted
  • Real Estate Broker
  • Virginia Beach, VA
  • Posts 127
  • Votes 31

Welcome!

Post: Double Closings on Luxury Condos

Krissie ColePosted
  • Real Estate Broker
  • Virginia Beach, VA
  • Posts 127
  • Votes 31

Good morning Bigger Pockets!

When I lived in Florida my uncle had us investing in new construction luxury condos. They were a hot ticket item. We would pay 8k down and 6 months later when the property was completed we had a buyer lined up which would usually net us 25k off the deal. The same day we closed the new buyer closed. I never had to do much except invest the 8k. Now that I don't have my uncle to help I am trying to learn how to do this process in Virginia. Is this considered wholesaling? Is it legal to do a double closing in Virginia? Is there a publication/blog I can turn to for guidance?

Hope you have a successful day!

Krissie