http://yardsmart.net/realtor%2C-trustee-%26-banks

WV Real Estate Sellers & Buyers Network, Fairmont, WV (2026)

05/28/2018

We are searching for Real Estate! We Pay every time!
Get the fliers out there.

05/10/2018

We need to fund $50 K for 2-3 Months Max. Secured by Real estate... Term is whatever is required.?
We could give up to 15%. Wanted Business Finance for it, not personal. All businesses have their EIN #'s and DnB Numbers. but they are New. Only 2 Years Old on one and the other 3 are 1 Years or less.

If your group is willing to look at deals, we have, similar to this one. We will do Whole a lot of business, with you. That $50K deal has an ARV of $125K and is already under Offer... So It can "flip" quickly and be sold while the work is being done for the small $20K Rehab. Purchase Price is $29K

Oh, currently our companies do about $3K- $4K per month, and about to get contracts for another $2K per month!, So, $5K,-$6K monthly revenue under contract!

Kindly, let us know. That is what we need, and we are willing to pay for it!

Please feel free to contact me at our 800 #
1-800-296-7108
Office 304-250-4447
Cell # 304-534-2883

04/26/2018

Just a Quick Note : If You have been invited to this group---WELCOME- Pleased to have you.

Grab a Glass of soda, cup of coffee, glass of wine and read on a bit.

What you read here, and what you will be participating in is something revolutionary. You can change your life here, and obtain the ONE thing that we are all still seeking FREEDOM!

This is not just another Facebook Group, It is a Real Life group that is doing real things, right here locally.

Not a "Get-Rich-Quick Scheme" nor an "Absentee Owner of an Air BnB" Millionaire program"-- Though, We do have the best of those training modules recorded and written form, if you'd like them.

It is really quite simple here... We feel strongly that we can accomplish more together, than any of can do alone!
We are "action-oriented Real estate Traders", and have met our maximum capacity..

We discussed our plan, and how things were moving much faster than we thought, and growing quite larger than we had planned, and Rather than try to hoard all the profits to ourselves, realized that we could do much, much more with a group of folks who all wanted to learn and do the same type of thing.

So, there you have it. Should you Join, or should you delete and block? We'd like you stay and help us grow and grow with us. That Choice is up to you!

04/26/2018

FOLLOW-UP:
CALLING ALL MEMBERS AND INVESTORS-

Project 1- Marion County 3 Bed 1 Bath Park-side Rehab is ready for your review, and/or Participation.

Any terms listed are subject to review and final acceptance when this project's Group is formed. We Only set some guidelines about the Investment Project, the rest is up to members who are active in that group.

$29,000.00 Status Under Contract
$1,500 Immediate Funding Required. Members Can split or invest this amount individually.

$27,500.00 Finance for Purchase at Closing- **$1,500.00 Budgeted closing costs.Can eliminate if a member wants to do closing personally.

$22,500.00 - Rehab Budget
$51,500.00 - Purchase and Rehab

**** Rehab Time- 1 Month-2 Months-

Assessed Value Marion County @ 60% = $85,500.00 or Appraised Value of $119,700.00
From agd Maps Marion County WV
aprland 54100
aprbldg 31400
aprtot 85500

We set an ARV of $135,000.00 and location Location, Location will help keep asking price closer to asking Price in Contract.

$51,500.00 Total Invested Holding only a 3% Note/Loan with Bank or Private Lenders would create a monthly Mortgage Liability, Including Insurance, and Taxes of about $360 per month for 2 Months Projected Rehab time **$720.00
3 Months on Market "Should" have this House sold..$1080.00 costsor
$1800.00 In Mortgage Payments for Listing time, and/or Rehab time.

$53,300.00 Total estimated costs to ARV Completed

$125,000.00 Sales Price
* $10K Reduction, given as: 2 yr. Home Warranty, and Upgrades budget.Provision, Ought to get it sold.
This is a special home for a unique buyer. Young Professional wanting privacy peace quite and their own R2T path. They might even pay $140K for it, If we added cheap stainless steel appliances, and a Corian Counter..Small $1500.00 Deck, * about $4K in Bells & whistles. for Millennials.

$125,000.00 Less agent broker fees of $9,000.00
$116,000.00
-$53,300.00 Total costs to acquire, rehab, stage, market, and sell.

$62,700.00 !!!!! Flip Profit.

Divided equally by 5 partners... Each receives ...$12,500.00!!
or 6 Members it would be $10,450.00 each!! or 7- $8957.00 each!!

for a short 3-5 Month Flip it is not terrible, Profits.. In Fact 3 a year @ $12,500.00 might be some folks salary..

Of course, all members of the group who join on this Project, will decide their own terms. "Any", that,we state, are only possibilities or suggestions, They have no effect.
If Interested in this Flip--It is, Probably, going to be open for a short while (2-3 Days), until 6 Members "Join in "on it.
*Might be 3-4 Members, whatever there is in the next 2-3 days??

Members' projected cost of Investment.. will run about $1,500 each. May be nothing, If, One member, or a group of members, can get a Low Interest Rehab Reno Loan... as That is what will be required to complete this property investment.

However, we as Group Admin, will give any member of this group, on this project, ALL of the Property-specific reports and analysis, we have generated, on it, to help with a Bank loan, showing this as a solid investment.!!

You may call RJ 304-250-4447 to get answer to questions now..

If any member, of this group, wants to finance this deal. at $50,000.00. The Members could offer, along with that Members Project "Partnership share" at sale of $12,5000.00, a reasonable Interest Rate of 10%-15%,, say.. for the term of 3-6 Months or Lump sum of -$5,000.00-$7500.00 Giving members an incentive to Invest in projects, and allow a streamlining of the finance costs and time constraints ( For approval..)

This Project needs at least 1 member in the next few days. We do not want to rush ANYONE..It is simply the sellers agent pushing us..

This is a nice safe one, to get in on. Local, Low Cost, and decent profit and ROI 125%..

If Not Your flavor, check out the "Project #2" Post coming up tonight!!!

04/20/2018

Feel Free to post your deals or classified, or have us "Bird-Dog" a property , and do some background and reports on it.. we will share it with the group .. Who Knows.. Maybe, make "it" Happen!!

You, members, set the terms, this is just a form for the group!
Only a few guideline.
Any suggestions?

04/19/2018

Ok folks, We have a Project, actually 2 of them, if you are interested, in getting started.
It might be fun, educational, and profitable, to get something tangible going, from the start. So, here We go....

Please provide your feedback, and input. Your thoughts on this Model-???

We ask the group members be prepared to discuss their terms. We suggest that there be 2 status positions for all members, defined by action/activity on a project,

Those are:
Active group Member
Active group Investor.

both are equal and any member might be one or both status, at any given time..

No pressure to sign-on, to any project , maybe you would just like to learn, or cheer-on others... or put your "group time" into a Project for the team/group..?

You decide. We will do what you want? You need to tell us your terms? make the group function how you want it to.
these Investments are going to be listed as they come in. Some will be " pass" on by the group and then opened to the public, or...

* Quick note about investing, and your safety-
No Group admin, or member should be asking you, directly, for money, or that money, is required to participate in any Group activity..Now Projects and Investments may, but you, can be, and are "a group member" when you say, you are.
We Obtain funding as a group, or an individual, wanting to assist the group, May finance, or obtain the financing, for purchase, and rehab, as the project requires.
Again, You all decide all of this. We are offering guidelines to make it fair and equitable!

if You have read this Far, You are Ready... So, Let's Begin..

PROPERTY # 1, Is an Under-priced Marion County, WV Single Family-
3Br 2 Bath, * Layout is terrible- redesign?? & Staging for Flip Sale, If that is the route the group decides.
Private woodsy feel, no immediate neighboring houses, and County, "Rails to Trails Park" at end of driveway. Very scenic and Good size Cleared lot, with Garage, Root cellar, Shed w/electric power (old needs updated)

House condition is Dated, Old, and worn inside, Burnt up Bathroom.* Ceiling Fan electrical fire* Burnt Linoleum, needs replaced anyway.
Furnace HVAC Looks decent pending inspection
Electrical Upgraded, Plumbing Old
Purchase Price $29,900.00,
Proposed Rehab Investment, of $25,000.00
TOTAL Investment by group is $54,000.00.

$350.00 (Ballpark) Estimated Mortgage Taxes & Insurance Payment
*Includes rehab Budget, so it is assumed this is a RENO Loan. Local Bank?

Rehab Time- 1-2 Months- With Group Members time in job Maybe 1 Month??

Payments Made on Loan $700.00

ARV- $125,000.00

$120.000.00 Listing Price

*Staging Budget $2,0000.00, Of $25,000.00 Rehab Costs Projected.
*Landscape staging- $2,000.00 Can be reused if not planted for another site or project.??

$110.000.00 Net Sales Price Less Agent Commission, and Brokerage fees..

$56,000.00 Net Profit. 5-10 Group members Lowest Profit share for each member is $5.600.00, * 5 Member team $11,200.00!!

Your thoughts: Flip, BRRRR, wholesale it, Lease it at $900.00- $1000.00 Per Month?????

If you want more info, or want to Sign-On to this project.
Email [email protected] and subject line use 3Ba Rustic Property #1. or the like and we will discuss getting this one in motion and underway immediately.

We do not list property details while Offers are Pending Only Members see that Information, This Property is Under-Contract Off-Market, ONLY for Investors, and group members viewing and participation. It will not be listed here again.

PrROPERTY #2-
2 Bedroom 1 1/2 Bath Blank Slate Rehab Started.
approx. 1500sf. Includes garage conversion?

It Is an Under-priced Marion County, WV Single Family-
2Br 1 1/2 Bath,
* Layout is Great Open Floor Plan & an amazing location, Zoned Commercial in High Traffic, Highly desirable Has another Lot with Utils Included, which could be sold or developed.???

Great Yard with Privacy, Landscaping None-, no immediate neighboring houses, and currently has 2- attached garages, which are proposed to be converted to living space. But???

House condition is Mid Rehab, Layout is great, with open floor plan and expanded Bathroom. Sacrificed a BR, but room in lower level garage, with walk-out. To add a Master Bedroom and Bath...
Furnace HVAC -Needed or use only zoned heating??
Electrical Upgraded- New 200A Service Panel all wiring needs run, no drywall so easier running wiring?,
Plumbing Needed, easy access needs installed

Purchase Price $70,00.00,
Proposed Rehab Investment, of $20,000.00
** Lowered by usage of reclaimed materials on site.
TOTAL Investment by group is $90,000.00.

$750.00 (Ballpark) Estimated Mortgage Taxes & Insurance Payment
*Includes rehab Budget, so it is assumed this is a RENO Loan. Local Bank?

Rehab Time- 1-2 Months- With Group Members time in job Maybe 1 Month??
*All is deconstructed to rafters, access easy, walls cleaned of nails, staple, old wiring, ...Partially completed.

Payments Made on Loan during Rehab- $1,500.00

ARV- $180,000.00

$195.000.00 Listing Price

$190,000.00 Sale Price

Still Have the extra Lot, and It too is zoned commercial and can allow for Multi-Unit New Construction, in a Limited Build Highly Visible, desirable Location. * Sale price includes Extra Lot in it.

They Say: " Location, Location, Location.. This Project has it.. Might push to $220,000.00 Lit Price, as Lot should, fetch $30K-$40K alone?????

*Staging Budget $2,000.00 Of $25,000.00 Rehab Costs Projected.
*Landscape staging- $2,000.00 Can be reused if not planted for another site or project.??

$165.000.00 Net Sales Price, Less Agent Commission, and Brokerage fees..

$56,000.00 Net Profit. 5-10 Group members Lowest Profit share for each member is $5.600.00, * 5 Member team $11,200.00!!

Your thoughts: Flip, BRRRR, wholesale it, Lease it at $900.00- $1000.00 Per Month?????

If you want more info, or want to sign-on to this project. Email [email protected] and subject line use 3Ba Rustic Property #1. or the like and we will discuss getting this one in motion and underway immediately.

We do not list property details while Offers are Pending Only Members see that Information, This Property is Under-Contract Off-Market, ONLY for Investors, and group members viewing and participation. It will not be listed here again.

Call RJ 304-250-4447

04/17/2018

Hello All, sorry for the absence...We have been busy, busy, and Now have something to tell you about....

We have several active projects, we will be posting about this week.
We will need your email contact, if you plan on playing a more active role, and/or if you want to receive your requested training modules.
* We spent close to $60K, buying them, and endless/countless hours searching for them. They are Yours.. Free!

04/15/2018

Just curious...if there is any Interest?
We Lined a few properties, and thought, maybe We take on the risk, and reward, as a group of investors.

A Real Estate Investment group. Would anyone want to participate? If so, any Idea on: Property type, Type of Real Estate, Type of action- Flip, BRRRR, Wholesale, Rental, Buy & Hold???

Lastly, what returns do you feel would be required.?

We ARE going to do this.....Just want the input of this group's members.
First deal we have will be posted this week.

04/15/2018

Do You think Banks will still be in business 3-5 Years?
The Day of the Private Mortgage-Funder Investor.. has yet to be realized, but we feel it is coming.
Just consider this...It is almost sickening.. and the time to schedule an inspection-To Close.. In this Instant Gratification world?

here is the typical buyers fees.
Someone’s got to pay these folks and if they are working on your behalf rather than the seller’s, that someone is probably you. The fees below are what is generally required, but every buyer will not pay every fee listed.

You may have negotiated that some or all of your closing costs to be paid by the seller. Whether that’s the case or you’re footing the entire bill, you probably won’t face all of them because some vary by region and lender. Most are relatively small compared to the overall price of a home. But the list is long and it adds up quickly. Expect buyer’s closing costs to total anywhere from 3 to 5 percent of the sales price. Sellers will pay fewer fees but they are typically larger, including the commission of both buyer’s and seller’s agents, traditionally 3 percent each.

Loan costs
Loan origination fee: This covers the lender’s administrative costs. It’s usually about 1 percent of the total loan but you can sometimes find mortgages with no origination fee. Also, in some areas it is customary for the seller to pay part of this fee.

Loan discount: Also called discount points, this is money you pay upfront to reduce your interest rate. One point is equal to one percent of the loan. But it does not translate to a one percent drop in interest rate – that varies by lender. You need to shop for points like everything else, comparing costs from lender to lender.

Application fee: Not all lenders charge an application fee, but if they do it averages $300, but can be as much as $500.

Appraisal fee: Expect to pay in the neighborhood of $300, depending on your area and the size of the property. The bank will use this money to hire an independent appraiser to look at the home and ensure that it’s worth the money they are loaning you to buy it.

Credit report fee: Expect this to cost about $25.

Lender inspection fee: This is only applicable if you are building a new home or buying one that is still under construction. Cost should be about $100.

Mortgage insurance application fee: When the down payment is less than 20 percent of the purchase price, you are required to carry Private Mortgage Insurance (PMI), to protect the lender should you default on your loan.

Mortgage insurance premium: Some lenders require borrowers to pay their first year’s mortgage insurance premium up front. Other lenders ask for a lump sum insurance premium payment at closing that covers the life of the loan.

Prepaid interest: Most lenders will ask you to prepay any interest that will accrue between closing at the date of your first mortgage payment.

Reserve account funds: Also known as “prepaids,” your monthly mortgage payments will usually include a pro-rated amount to cover payments for property taxes, assessments, homeowners insurance and, if applicable, mortgage insurance. This money is held in a “reserve” or “escrow” account by the lender who makes the payments for you. At closing, your lender may require you to pony up advance payments just to be sure the reserve fund has enough money to pay the bills. The usual requirement two months’ worth of these payments.

Hazard insurance premiums: This is a full year’s worth of premiums to protect the lender from disasters that may befall your home.

Lender’s attorney fee: If the lender involves an attorney in the loan transaction, the buyer can expect to be charged about $400. Some buyers have successfully contested this fee.

Title charges
Title search: This is done to make sure that there are no unpaid mortgages or tax liens on the property. In most states it can be done by a title insurance company. But a few states require an attorney to conduct the search. Fees vary but expect to pay $200 to $400.

Title insurance fees: This protects you by guaranteeing that the title to the property is clear. There may be a second fee listed on the closing document to cover a separate policy that protects the lender. Cost for this averages 0.5 percent of the purchase price but could go as high as one percent of the purchase price.

Notary fees: A licensed notary public serves as witness that the documents were signed by you. If you’re closing at the title or escrow office, fees for notarization may be waived. Fees are set by each state.

Attorney fees: Some states require an attorney to oversee the closing. In most states, it’s up to you whether to hire your own lawyer. Real estate attorney fees vary. Some charge by the hour with rates ranging from $150 to $350 per hour, while others offer a fixed rate to conduct a real estate closing. Expect to pay $500 to as much as $1,500 if you hire an attorney.

Government recording and transfer charges
There are great differences in the practices of state and local governments. Who pays which of these fees also varies according to the terms negotiated in the sales contact.

Recording fees: It costs at average of $100 to get the sale recorded in the public record.

Transfer taxes: These vary by jurisdiction, but can be significant where they are collected. Some governments also require the purchase of tax stamps.

Other settlement charges
These may or may not be be collected depending on the terms of your contract.

Survey: If your lender requires a survey to establish property lines, expect to pay about $1,000.

Courier fee: Charged if a courier picks up and delivers documents.

Lead-based paint inspection: Covers the cost of evaluating lead-based paint risk.

Pest inspection: Depending on location, a termite or other pest inspection may be required. The seller usually pays for this.

There’s one charge that you should question: Documentation preparation fee. Some lenders and title companies add a documentation preparation fee to cover the costs of preparing final legal papers. Experts call this a “junk fee” that your agent should negotiate away in advance of closing day. On average, the tab is about $200.

Yes, it is part of what we all do.. But, there are new ideas out there. After all, leeches were state of the art at one time too.

04/03/2018

We have been working day and night at making this page more than just a stale informational resource. So, we are offering an opportunity to join this Real Estate Co-Op Company, right Now, in the forming stages of its operations.

email [email protected]
No Upfront Investment required.
Does require time dedicated to project either IRT or virtual commute..
Learn the real Estate Investment Business in ALL of its aspects.
Buy & Flip with a group and limit losses and take action on More deals!
BRRRR More your interest, do it with a team that has labor, materials and resources to make those bigger deals happen!
Crowdfunding Real Estate is not new Making it Local and personal is....You owe it to yourself to check this opportunity out further.
Want to Learn to wholesale Properties and turn profits w/o touching a property? We have a smaller group doing that Now! join them
Real Estate development of Raw Land.. sound interesting. More to it than you would think...Learn with the Pros.. and get access to over $200K worth of Paid-For training. A Huge Database and Library or Videos, Directions, worksheets, apps to do the work for you...and more.. We are looking to build a big enough Team, to launch a 100 acre+ Commercial/Residential Development right here in WV!

We work throughout the Mid-Atlantic, We are Based in Marion County WV. Our meet-ups are usually In Morgantown Or Bridgeport. We Like to grab a section of a restaurant or coffee bar and set up our meetings.

We are currently seeking active partners W ho can spend a minimum of 10-15 Hours weekly on this work. Includes any handymen or contractors looking for opportunity to lead our work crews team or become our Project(s) Manager.

Last Month, 3 Of us Put over $680K Under Contract, and had Net Profit of $96K. EQ Gain of Close to $300K.. We think this was a good start.
With more of us involved, ...Well we do not see any limits!

WV Real Estate Sellers & Buyers Network

05/28/2018

05/10/2018

04/26/2018

04/26/2018

04/20/2018

04/19/2018

04/17/2018

04/15/2018

04/15/2018

04/03/2018

Address

Telephone

Website

Alerts

Contact The Business

Shortcuts

Share

Category