All Forum Posts by: Sam Stout
Sam Stout has started 45 posts and replied 195 times.
Post: Green, Ohio property management and general info

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
Anybody want to buy a triplex and duplex in Highland Square area of Akron?? PM me
Post: Looking for a commercial lender for a bar space

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
I have the opportunity to purchase a bar (not the business, just the building) at a major discount. This place is in the path of development in a up-and-coming neighborhood. Anybody know a good lender I should reach out to?
Post: Is it worth creating a NV Corporation if I'm based in CA?

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
You must seek residence in Nevada for the benefits to kick in . . .
Post: 1031 exchange for house to 4-plex in nevada

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
@Mike Faulkenberry I can help you find a fixer in Reno....PM me
Post: Chicago portfolio for sale - 21k/mo in rent 100% occupied

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
All homes are recently rehabbed and occupied throughout Chicago suburbs. This must be sold as a portfolio. 11 SFR, $1,400,000. Send a PM with your email and I will send you excel sheet.
Post: Memorandum of lease and Option to purchase

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
So I have a tenant, who is a really good friend whom I trust a lot. I signed a memorandum of lease and option to purchase with him on a house I own. He rents it out, it is not his primary residence. The goal is for him to refi out after one year of paying mortgage payments directly to the current lender from his bank account. He has also been paying me additionally, which has been going towards the purchase.
Has anybody had experience with this? I think he has a lender lined up that is coaching him on all the appropriate steps but I want some additional insight. Our goal is that he can get the house with little $$ down because his tenants have been in there the entire time. I am aware his new loan will need to be at 75-80% LTV, but is it as simple as refi or is a complete new loan need to be originated?? Thanks
Post: Duplex and Triplex for sale in Akron Ohio 150k

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
I am selling a duplex and a triplex in Akron, Ohio. 4 out of 5 are rented, but vacancy will be filled soon.
Addresses are:
1708-1712 Cromwell Dr - 85k. 1500/mo in rents
106-108 Bittman Dr - 65k. 1200/mo in rents
Please email [email protected] for more info
Post: Duplex and Triplex for sale in Akron Ohio 150k

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
@James Wise Priced to sell, discounts to cash buyers.
Post: Duplex and Triplex for sale in Akron Ohio 150k

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
I am selling a duplex and a triplex in Akron, Ohio. 4 out of 5 are rented, but vacancy will be filled soon.
Addresses are:
1708-1712 Cromwell Dr - 85k. 1500/mo in rents
106-108 Bittman Dr - 65k. 1200/mo in rents
Please email [email protected] for more info
Post: Rented Duplex $1650 Chicago 70k Owner Financing Available

- Flipper/Rehabber
- Reno, NV
- Posts 235
- Votes 35
PRICE REDUCED TO 55K. NEEDS A 10K IN REPAIRS, ARV 85K