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Updated about 9 years ago on . Most recent reply
Looking for a DMV(DC MD VA) investor friendly agent
Hello Folks in BP Land!
I've heard nothing but great things about this site for my closing attorney. And finally I said when I get the time I'm going to read some posts and join...so Hello World!
I'll be brief and to the point. My goals for the upcoming 12 months is to acquire 6 to 10 HUD properties (Hudhomestore) to either hold or whoelsale and I need an investor friendly agent to assist me.
I'm an agressive investor that is looking for someone that is willing to assist and that will respond to emails/text/pigeons etc :).
I've been investing in real estate since 2007 and now I want to add another piece to my investing portfolio.
I have my team in place: Virtual Assitant(s), Buyers, Contractors, Closing Attorneys, Funding,Title Co., and some Realtors... but I don't have an investor Friendly Realtor...and when you have been doing this for a while, let me tell you...every Realtor is not built the same.
If your are out there, and want to work with a serious minded investor..please reach out.
Thanks folks!
Troy
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@Troy W. one thing I would want to make you aware of is that a Realtor will be able to help you to purchase HUD homes, we can not help you wholesale them. If an agent in our area tells you they can help you wholesale, they are just wrong and do not know what you are doing. In order to wholesale a property you will need an assignable contract. Agents are not lawyers. We are not licensed to practice law...which means we have a very limited scope of what we can put in our contracts that are approved by our local realtor boards, which are written by lawyers. Ive seen some agents who do try to change the language of our existing contracts...and that is a huge no no.
Now I am sure you may come across an agent in our area who says they can write you an assignable contract...just understand that agent does not know what they are doing, nor do they understand the scope of what their license enables them to do. You will need to consult with a real estate attorney if you want an assignable contract.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
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