All Forum Posts by: Jarid Wilson

What contracts in Delaware are required if a licensed REALTOR wants to wholesale properties 🤔

Good morning all, I am building my REI team and had a question (more like a thousand questions but anyway, haha). I would like to work with a realtor here in Delaware to locate my first investment property. I know when usually dealing with a realtor, the property you may find is on the MLS. I feel that may be a lot of competition so I'd like to explore other avenues such as wholesalers for example. My question is, would I realtor be able and or willing to put that deal together for me or would that want to solely stick to "listed" properties?

@Eric Armstrong 
Thanks for the info. Really what I'm looking to do is have funds for a down payment on an investment property but also need to factor in rehab costs. Does hard/private money lenders lends for the property and the rehab costs?

Hello,
New investor question. I am looking to purchase a fix and flip here in Delaware (Newcastle County). I'm planning on getting a HELOC but my question is what should those funds go to? Should I used the funds for a down payment on the investment property and finance the repairs from another loan OR use the HELOC to pay for the rehab?
Thank in advance

James Masotti Good morning James and thank you for the response. To be very honest this is my first deal and I wanted to over estimate the repair cost. The repairs could very well be a fraction of that cost, its mostly cosmetic in my opinion. If you would like to view the property to let me know what you think it would cost to fix up and see if you would be interested I am very open to that. Since this is an area you are familiar with, I appreciate your two cents (lol). Talk soon and thanks again for the response.

Hello Everyone! 

I currently have a deal that I would love to share with my fellow investors! Upon entering the property you walk into a sunroom, two huge living spaces and a full bathroom. The kitchen offers an open layout with plenty space for future buyer and family. Upstairs there are three large bedrooms with a bonus sitting area in the master, and full bathroom off stairs. This 1,438 sq ft Wilmington, Delawarehome has a spacious basement. Although unfinished, it’s a blank slate to transform this roomy space. Property is also an end unit with a garage. Call me, Jarid Wilson at (267) 324-9620 or email [email protected] to schedule a walk-through of this fantastic investment.

Address: 101 W 20th St Wilmington, DE

3bd, 2ba, 1438 sq. ft. end unit and garage.

Property needs some renovations.

EST ARV $140-$145k

EST Repair Cost 25-30k

Asking price $62,900

Call/Text (267)324-9620 or Email me at [email protected] for your next investment property.

Determined ARV Based On: 

~1913 N WASHINGTON St WILMINGTON, DE 19802 $142,000 Sold Oct 14, 2016

~215 W 18TH St WILMINGTON, DE 19802 $180,000 Sold Dec 14, 2016

~811 W 19TH St WILMINGTON, DE 19802 $110,000 Sold Oct 8, 2016

Are you an investor looking to purchase profitable real estate deals without spending countless hours locating them, researching them, dealing with property owners or maybe you just don’t have time? My name is Jarid and I’m a local Investor that locates, negotiates, and passes great deals on to people like you. If you’re looking to save time and build wealth through real estate without the headaches, please call me today at (267)324-9620 or email [email protected] for a list of current properties.  Delaware New Castle County 

Thanks Eric Eric Armstrong

Gotta work for it, lol I can respect that. Joseph Rice

Good afternoon! My teacher always said "there's no such thing as a dumb question" but, I have a dumb question. As a Delaware (New Castle County) wholesaler, are you able to advertise property that you have under contract on a FSBO site such as Zillow and places like that?