All Forum Posts by: Ray Mulli

@Hannah Williams, Just shop for an investor friendly realtor. Not all realtors understand the needs of investors.

**property consists of 2 separate buildings with a SFH in the middle. SFH is part of this offering.**

@Jim Zatko,

Thanks for sharing your story. But it's not all bad.Your realtor has a point. Do a land contract. You can get a sizable deposit for down payment and then the monthly rent that will "stop your bleeding money every month". The best part is you can increase your price back up to the original $99K. If they default, you can kick them out and depending on the market, quickly sell it or do another land contract.

**New Windows and doors in 2008

**All new flooring and bathroom new in 2012

**New stove and fridge

**Tenants are a retired couple with no plans of moving.

@Courtney Merricks

Here is what I have to say on the issue. Success breeds success. Also, if I'm sick and I go to the hospital and 2 doctors can see me right away, however one is coughing and hacking the other is toned,alert, smiling.....you can tell which one I'll be choosing.

@Darrie Bennett,

I typically like to see 30% equity. That way I know I will not be working for tips!

Wholesaling 3 rehab condos in Wayzata MN.

Even better, owner financing is available.

2 condos are 1b/r 1b/t and the other is 2 b/r 1b/t.

Asking $305 000.

@Matthew Rue, Pass them along to a fellow real estate agent who will list the house. The market will then determine what that "right price" is. 

They may come back to you if "the market" doesn't buy because they haven't updated the house. You will of course buy without those updates.

Keep the door open.

@Jason Mak that is am awesome suggestion. Thanks. Infact, not greedy at all as this will be ongoing and I value the networking aspect more than the $.

@Wayne Brooks, I have read your RE posts elsewhere on BP and I value your input. 

So I have read that if the payment is labeled "service fee" then all is kosher.