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All Forum Posts by: Pharaoh Mitchell

Pharaoh Mitchell has started 13 posts and replied 18 times.

Post: Purchase And Sale Agreement

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
I’m stationed in Tennessee and I was trying to find a Purchase and Sale Agreement I can use in my market for wholesale. Please and Thank You🙏🏽

Post: Finding Comparables on Prop

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
@Mitch Messer it was the arv THANKS A LOT SOR 🙏🏽 🙏🏽🙏🏽🙏🏽

Post: Finding Comparables on Prop

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
@Mitch Messer Thanks 🙏🏽 If it’s not a bother, I have one more question sir, I am trying to put a property under contract for wholesale and the problem is that the market value is relatively 20k but it’s a 1400 sq foot property that needs a FULL REHAB. How do I go about the MAO?

Post: Trying to Negotiate MAO

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
I am trying to put a property under contract for wholesale and the problem is that the market value is relatively 20k but it’s a 1400 sq foot property that needs a FULL REHAB. How do I go about the MAO?

Post: Finding Comparables on Prop

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
I’m using RealEstateABC.com to find comparables , and I know I can’t cross major roads to get my estimate for the property but how exactly do I distinguish major roads on the softwares map?

Post: Full Rehab House estimate

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
Im Dealing with a home that is actually a full rehab and the square foot of the property is quite small. The seller understands that the property really isn’t worth much in the condition it sits in but I feel like it could be a good starter property. How can I structure the deal with two other properties from the seller as a bundle and assign the small property to myself ?

Post: Acreage vs arv equation

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
@Justin Beides and it’s weird that you say that because that is the exact number of bed and baths in the property, I wish I could upload the overhead vIew of the lot but I think I understand your advice. About to go the properties now thanks .😏

Post: Acreage vs arv equation

Pharaoh MitchellPosted
  • Flipper/Rehabber
  • Memphis, TN
  • Posts 25
  • Votes 1
Ok, I’m dealing with a seller and he has two properties he’s willing to sell. I found the arv for one but I can’t find the arv on the other because of the lack of comps. THEY ARENT ANY LITERALLY. The square footage is slim but it’s sitting on almost two acres. Problem is ,both options are slim to none in this area. What do I do ??