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All Forum Posts by: Ardranae Byer

Ardranae Byer has started 5 posts and replied 17 times.

Post: Lets get better at negotiating!

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

@Alonso Fernandez Maldonado

That book really helped me out too.

Post: Best direct mail service for wholesalers

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

@Jerryll Noorden

Are you still interested in “spilling it all”? If so, I’m the sponge!

Post: New Investor In Binghamton, NY

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

@Adam Garner

Absolutely!!! I would never ask for their time without providing some type of value. I just was having a difficult time with getting a call back about properties they were listing. Well at the time of this post I haven’t heard from any. I appreciate your response.

Post: New Investor In Binghamton, NY

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

@Stephanie Jacobson

Hey Stephanie,

Thank you for your response. I truly appreciate it. There is no hesitation in working with realtors. I have reached out to one prior to this post and I just have not heard back from them. I honestly didn’t want to miss out on an opportunity while waiting. I am completely open to working with realtors. Especially, since I am out of state.

If your open to it, I can use your help to finding me a good deal.

Post: New Investor In Binghamton, NY

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

@Gary Kline

That’s a good idea Gary. I didn’t think about an appraiser. Thank you so much.

Post: New Investor In Binghamton, NY

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7

Hi Bigger Pockets Community,

I am looking to invest in a multi family in Binghamton, NY. I would like to cash out refi once the rehab is complete. Currently, I am having a hard time finding comps so I can assess a possible ARV or even where I need to be in my offer. What I am noticing is are properties that are not rehabbed and those prices are slightly higher than this seller's asking price. This will be my first investment using the BRRRR strategy, so I want to get this right. Besides speaking with an agent, how can I find better comps? Also, how can I assess how much value I am adding to the property during the rehab?

Post: Tax Foreclosure Judgements

Ardranae ByerPosted
  • Rental Property Investor
  • New York, NY
  • Posts 17
  • Votes 7
Hi, I have a property under contract with the seller. I am wholesaling it to another investor. The title search came up clean but has a small mortgage that will be satisfied by the seller at closing. While securing the property with a few boards a contractor shows up to do some electrical work. After a few minutes of probing we find out who sent him. We speak to the gentleman who tells us that he brought the tax lien on the property in 2015 and then foreclosured on that unpaid debt back in August of last year. He emailed us the judgement claiming what he told us. Here is the deal, no judgement was found on this property during the search. The title has not been transferred into this investors company name and it’s been over a year. According to the city, they deed is still in the original owners name claiming that he is still the owner of the property. Our buyer sent the judgement to his attorney and the attorney advised him that he can move forward with the purchase because the judgement has not be filed with the city nor has title been transferred. Any idea how to proceed?