All Forum Posts by: Darwin Verdugo

I agree with you Pratik, however, if I were you, I would ask the sellers to keep my phone number if they ever change their mind. You never know when they'll become motivated to sell. So, it's good idea, I believe, to keep communication channels open.

Hello BP Folks, I'm analyzing potential deals in western Long Island, NY, does anybody know the closing costs on the buyer's side (me) associated with a 4/2 or 3/2 single family house? I just need a ballpark number... thank you!

Christy Kinnaird Yes, the loan is for an investment property, though living in that house for a year or so to qualify for an FHA loan is something I'm considering as well. My goal this year is to purchase my first rental property. I know I can do it! Thank you Christy...

Hello BP, When shopping for a mortgage loan, what are some of the key questions to ask potential lenders? I'm looking for financing for a single family home in the 200k to 250k range. Since this is my first home investment purchase, I'm considering an FHA loan. Any input is appreciated, thank you!

I haven't tried VRBO, but Airbnb is great, I've been to Spain and France and haven't spent more than $30 a night. Good luck!

Kyle Poling Thank for yogur feedback, ill look unto tac liens as well... How about money market accounts? Are they any good? anyone...

@Taylor Rider, a great resource is: Start Your Own Corporation by Rich Dad's Advisor, Garrett Sutton Esq., he suggests we start a Nevada or Wyoming LLCs or Corporations for they have stronger corporate protection compared to the other states. Best of luck!

That's right Bryan Otteson , you're right on point, is there someone else who wants to chime in and help us out? Thanks...

Thanks Sunny K. For your advice. I'll take it into account. Darwin

Hello BP!! Is there a good place to hold money to be used later on to buy properties? I mean, a bank's savings account is out of the question, right? I need some place it can earn some interest while being liquid as well. Thanks in advance, everyone...