All Forum Posts by: Alexander Curtis

Ok, so I got my list of absentee owners in my area that have owned 10 years or more. When I look at the sale price for when the property was bought by the owner it says 0. What does this mean? Any insight would be appreciated.

Would layoff notices be a good source of leads foe wholesaling? Any insight would be greatly appreciated, Thanks.

Ok, thanks for that info Jon. I have another question. Would It possible to get another FHA loan owner occupied if I'm still paying mortgage on the first or would I need to find another route to finance?

lol yea its been a long day sorry about that. Just to clarify, I'm ready to buy my next 4 unit but I'am not sure if I have to pay off the mortgage on my first property before I proceed. And yes I bought it through FHA owner occupied.

When is it possible to buy my next multifamily do i have to pay off my mortgage on the first one before i move on to my next?

When wholesaling a property with fire damage who is responsible for obtaining the permits to repair the damage, the owner/seller or the buyer?

Has anyone had success in wholesaling vacant properties? If so please share your stories and knowledge as I'am planning on making this my target when I begin wholesaling. Thanks.

Ok so I'm trying to figure out how a subject to deal works. From what I understand you find a seller going into foreclosure and you write up a contract to buy the property at a discount with the existing financing still in place. Then you assign it to another investor. Two questions, What type of buyer would be ideal for a subject to wholesale? Would it be a buy and hold buyer or a first time home buyer? Second, what are the contracts needed to do a subject to deal? Any advice or info would be greatly appreciated.

Ok thanks Steve, do you know where I can get one of those?

Thanks Kyle, but where in the contract does it state that a buyer cannot go over me to purchase the deal if I'm trying to wholesale