All Forum Posts by: Vante'e Keena
Vante'e Keena has started 3 posts and replied 14 times.
Post: Mobile Home Investment Opportunity
- Posts 14
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3 Bedroom/ 2 bath, swimming pool and rec center in community. Lot rent is $605 per month, located in Pittsgrove, NJ. Asking price $15k, ARV $42k-$70k
Post: $20k enough for my first flip?
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@John Cunningham I appreciate your detailed response. This answer gave me a bit more insight. Thank you!
Post: $20k enough for my first flip?
- Posts 14
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@Ian Walsh how much would you reccomend to save? I thought hard money lenders or seller finance was another option if the buyer was low on cash?
Post: $20k enough for my first flip?
- Posts 14
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@Parker Eberhard great info, thank you!
Post: $20k enough for my first flip?
- Posts 14
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@Parker Eberhard how much would you reccomend to have stashed away ? 100k?
Post: $20k enough for my first flip?
- Posts 14
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@Parker Eberhard wouldn't that be included in rehab costs?
Post: $20k enough for my first flip?
- Posts 14
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@Odie Ayaga will look into this! Thank you
Post: $20k enough for my first flip?
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@Aaron K. You are right, Thank you!
Post: $20k enough for my first flip?
- Posts 14
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@Aaron K. Great thanks for the feedback! With seller financing for clarity purposes that only works of the sellers house is free and clear correct? I would offer then a lump sum say $10k and then they would pay their mortgage still or me? Then when I finally sell the property they would get the rest of their asking price and I take home the remainder am I correct ??
Post: $20k enough for my first flip?
- Posts 14
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I have about $30k currently saved. One of my friends also has $10k to go into our first deal together. What strategy would you reccomend? Seller finance? 203k loan for renovations? Traditional 20% down payment?
My goal is to flip a minimum of 1-5 properties by Dec 2020. Any thoughts?