All Forum Posts by: Will Jimenez

@Julie Kern congratulations. I am hoping to leave my full-time gig and do real estate 100% this year if things continue to go well. I look forward to reading your next post. 

I am looking for an experience listing agent in Volusia County FL who is accustomed to working with investors. Will have a few properties going on the market in early 2019. Thanks. 

@Justin Robert , I have never done an owner financed deal in the past. I would probably end up paying closing costs etc. and go through a title company. 

I have an opportunity for with the property below. Let me know what you guys think. 

2bd, 2bath, 1 car garage which can rent for approximately $1100-$1200

 The property also has an attached 1 bedroom, 1 bath, kitchen currently renting for $825. 

ARV- $188, the property owner owes $186K and pays $1088 a month for the mortgage.

The property owner is open to a $5K to 10K down payment and a monthly payment of the $1088. 

If I can bring in $1925 minus the $1088= $837 

Thanks, everyone. I will be meeting with the seller tomorrow. I think if I can get him to the right price I will go for it. 

Guys,

I am looking to make an offer on an off-market property. The particular property I'm looking at is the largest in the neighborhood. Similar square foot, bedroom count, etc. comps in the area are on the water, but the property I am looking at is not. I was advised to deduct the land value from the comps on the water and use that number as my basis. I'd like to know what you guys think. Thanks in advance. 

Thanks guys. Was trying to come up with a creative solution but I don't think I can justify the $645. 

He has a variable interest rate and it recently increased the $400 which has caused the hardship. I think he will take it.