All Forum Posts by: Stacy Davis

I have a home that is ready to go on contract, but I am struggling with ARV. The home is currently a rental property so not much needs to be done if the investor chooses not to it is move in ready. The appraisal report places it at 130k. The comps in the area that have been up graded seem to go for 150k- 200k. I am thinking of getting it on contract for 91k -100k. Does any one have any thoughts on this. I appreciate any and all help.

It has been about 4 months since your previous post @Jordan Johnson. How has your campaign worked so far? I am getting ready to do my first one!

@Danielle Fattizzi Thank you so much for the warm welcome! Staying engaged is exactly what I intend to do thank you for the comfirmation!

Yes it does thank you so much for your response. @Jose Flores I kind of figured that but wanted to be sure!

I am new and just need clarification on this scenario, I appreciate any and all feedback.

My question/ scenario is..... I find a motivated seller who accepts my below market value offer, yet they owe more than my offer on the loan. How do I close this or can I close it? I figure some of the properties that I run into ppl may be underwater on their mortgage. Does this affect the sale?

Thanks @Account Closed where are you at in the process? Are you wholesaling?

Thanks everyone! I really appreciate the responses! 

@Account Closed  I have built an outline and got everything ready to start marketing. Is there anything I should know about wholesaling in San Diego CA? Is there anything you wish you would have known before you started? When I take both PA and Assign Contracts to title company do I need to bring funds? I am most definitely interested in a mentor as well, would you be available?

Hello,

I am Stacy from San Diego CA! I have done lots of research on real estate investing and this website has helped the most. I look forward to networking and communicating with with everyone in this community.