I found a place that is being foreclosed. It is about a mile from the school I presently go to. it is a single family home two story which i would like to turn into and efficiency (upstairs) and a 2 bedroom apt. it also had a HUGE workshop in the back that was used for car repair that I think with some creativity could be turned into 3 Units. It needs a little work but i have spoken with my dad, (who has spent his life hobbing by rebuilding and fixing houses) and he is willing to help me with this project. That would be 5 units on one property with a ton of Parking.
My Deals
I Need Help With My First Assignment!!!
June 11th, 2009 | posted by alonzo44I found a property and the seller sent me the purchase contract to sign. They know that i will resell it for a higher $ amount. Now my question is what other contracts do I need to sign with the seller, and when my buyer agrees to purchase which contracts do they sign? If anyone can send me a sample of those contracts how they look filled out I would really appreciate it. Trying to make this first deal before my babies birthday. I will appreciate any help. My email address is alvaradoinvestmentco@****
Thankyou
-
- by alonzo44
- Login to post comments
4 Pueblo Properties Available
June 11th, 2009 | posted by J-N PropertiesI wasn't sure where to post this, so I apologize in advance if this is the wrong area...
Move in ready properties, 20% below FMV
4 bed / 3 bath / 2670 sq. ft. 175k - FMV:219k
3 bed / 1 bath / 1203 sq. ft. 106k - FMV:132k
3 bed / 2 bath / 2546 sq. ft. 113k - FMV:142K
3 bed / 2 bath / 1212 sq. ft. 82k - FMV:103K
These properties are available for immediate re-assignment, can close any time before July 6th.
Let everyone know you come in contact with...
Need Help For My First Deal(Please)
June 11th, 2009 | posted by alonzo44I found a property and the seller sent me the purchase contract to sign. They know that i will resell it for a higher $ amount. Now my question is what other contracts do I need to sign with the seller, and when my buyer agrees to purchase which contracts do they sign? If anyone can send me a sample of those contracts how they look filled out I would really appreciate it. Trying to make this first deal before my babies birthday. I will appreciate any help.
Thankyou
Has Anyone on Here Done a Successful Assignment Deal?
June 11th, 2009 | posted by Vince27Has Anyone on Here Done a Successful Assignment Deal?
If so, would love to hear your story...thanks
2nd Offer Today
June 11th, 2009 | posted by TDSPropertiesVTI mentioned in another post I was drawing up the paperwork on an offer of a 4 unit with some seller financing (listed for $180k, comps are $220k). 2 blocks away I came across a REO 4 unit. Listed at $160k, did a walk through with realtor - needs everything but cladboards!
2 Offers Today
June 11th, 2009 | posted by TDSPropertiesVTI'm readying 2 offers today and wanted to share a few of the details with everyone. Offer #1 is a 4 unit listed for $180k, comps in the area are $220k. This is a somewhat straight forward transaction in that it's listed through a realtor, and there is a mention of some seller financing in the listing. I drove by the place and noticed a "for rent" for one of the units. Called that number and was able to speak to the owner directly. He stated he would hold a 2nd for about 20% of the purchase price.
Deal # 5 - How Dean helped us acquire, free and clear, 3 commerical lots on a state route in June 2009!
June 9th, 2009 | posted by Indiana-JoeHello DG Members,
I want to share with you more great news on our latest Deal #5. As we discussed in Deal # 4, Dean and his books inspired us to learn more around the subject of tax sales. Thus, we participated in a tax sale and, at the time, were not to sure about what to do or expect.
I Need Help With My First Assignment!!!
June 8th, 2009 | posted by alonzo44Hello,
I found a property that is well below the fair market value. I also have potential buyers that are interested in the property. I want to know what contracts I need to sign with the seller and what contracts with the buyer. Please help,the sooner the better because I already submitted my offers and were accepted. Thank You
Deal # 4 - How Dean Graziosi helped us buy, free and clear, a small commercial property for less than $2,000 in May 2009!
June 2nd, 2009 | posted by Indiana-JoeHello DG Members,
I can’t begin to tell you how excited my wife and I are about Dean’s books and the DG website. The information that Dean shares regarding his techniques and the information on real estate investing is wonderful. After reading Dean’s book, Profit From Real Estate Right Now, and attending Dean's live event in April 2009, "Gain the E.D.G.E.", I feel the information we learned was nothing less than tremendous!
