All Forum Posts by: Sean Blomquist

@Xai Xiong you want your comps as close in proximity as possible and adjust them to be similar in size.  The similar comps that are 1/2 mile away could be used as well, since that is within a good perimeter as long as that doesn't end up being a different neighborhood or cross a major artery.  Doing that can change the values drastically in some areas.  

@Melissa Dunn reach out to @Justin Cooper he will be able to give you some good insight.

@Krystal Yeats just an FYI, a hard money offer is not cash.  It is still considered financing, because there is a note and mortgage.  You can explain to the seller that it works like cash, but can't be considered cash.

@Amy Ranae Your cost to build is going to be too much to make it work as a hold property right now, unless you get very large in scale.  You'd be better off buying and renovating a multi family than trying to build.

The Investor Success Summit is still the biggest and best Real Estate Investing event in the state! Others might copy but they cannot compete! All meat without the sizzle. Leave your checkbook at home because we don't have home study courses or coaching to sell you. This is a content rich event without the sales pitches.

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• Being a landlord and managing your portfolio
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@Tom Sanquist email me directly about it.

@Matt Berklacy it is not cash, it is still considered financing.  You can mark OTHER and write in HARD MONEY.  Good luck!

@Grant Humphrey shoot me an email and I can connect you with some good people in the metro.

@Maggie Hanjani welcome back.  Shoot me an email and I can put you in contact with some good people to help you find a duplex and/or build your portfolio.

@Tyler Henry reach out to @Justin Cooper ASAP about this.  He can help you out.

Also, their "no points under 100K" is misleading.  The origination is the points and if the loan is 60K, that would be 5 points.  If the loan is less than 60K, which I'm guessing it would be, the points are even higher.