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All Forum Posts by: Rasheen Johnson

Rasheen Johnson has started 1 posts and replied 3 times.

@Jamaal Johnson  realtor is actually  related  of the sellers.  And they are an older couple that wanted her to handle all the paperwork. I did find this deal off market using driving for dollars It’s a very low loan amount of $10,000 and I do have it in cash buyer committed to purchase the house. I know it is Not ideal to have the realtor involved but I did explain to her that I was a wholesaler up front. 

I am in the state of Virginia and I have a wholesale deal on the table the seller is represented by a realtor and she wants to use her contract can I do a wholesale deal using her contract and have another assignment  contract with my investor just wanna make sure I’m doing things right. Thanks in advance. 

Is there a benchmark is far as profit to do a 1031 exchange? Either way when is the best time to do one?