All Forum Posts by: Kenya Lacey

Hey, we are here! Constantly sourcing and finding properties to meet your needs. 

There is also a new networking event that happens between a investors and wholesalers. Another one is coming up Feb 13th let me know if you would like the details. 

@Roberto Gutierrez thank you very much. The last thing I would want to do is waste the seller or investor time with a deal that is not really a deal. So getting insights from a developer is very helpful. Staying posted to see the finish product.

@Roberto Gutierrez that makes sense. I appreciate you taking the time to explain your thought process. Hypothetically in a situation like similar to this when you were unable to do all of the due dilligence prior to purchase you may have wanted to be around 60-70% LTV to able to account for uncertainties? Or is that still to high of a percentage? I'm not too sure for a project of this size how much of a % buffer would developers like to have in play when due diligence hasn't been as thorough as yours.

In most wholesale situations the actions tend to act fast and like to close the transaction in 30 Days or less. With all the due diligence that you and your team performed did it take a while to complete that part of the process? If so how long on estimate (if everything is running smoothly). 

@Roberto Gutierrez thanks for posting this! Gives me a lot of inspiration as a new wholesaler in the area. I do have a question about purchase price you purchase the home for 160k. I've read the rule of thumb (which I know is meant to be broken) is around 70% ARV-Repairs. In this case this 70% rule doesn't seem like it's applicable. What do you and your partners typically look for as it pertains to purchase price when wanting to do a project like this? In other words how do you determine your purchase price? Thanks again for sharing

Hey @Kevin Scott have you noticed the lead information to be outdated or is it pretty spot on in comparison to other leads sources (listrouce, etc)?

Hey thank you Brandon. I will definitely look into the links that for the information. 

Hey everyone! I am new to the forums and new to wholesaling in the Nashville, TN (and surrounding areas). I have been shadowing alongside a small to medium size contracting company and have been able to meet some awesome real estate professionals along the way. I would love to continue to make connections and find ways in which I could help bring value. 

If any new/experienced wholesalers and/or investors would like to connect/meet up for coffee or dinner I am totally down and would enjoy the connection.