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All Forum Posts by: Cecilia Cave

Cecilia Cave has started 7 posts and replied 28 times.

@Sai T. That’s our question too but we’ll make sure they get screened to check if they are legit. Thank you!

@Theresa Harris I’ll make sure we won’t get scammed. We have a minimum requirements that needs to be met before we even have them applied online or even show the property. Thank you!

@John Teachout I’ll make sure I get to screen their background, credit report and criminal history. Thank you for your input.

@Colleen F. That makes sense, I’ll keep that in mind for sure. Thank you for your thoughts. We are a newbie investors and there’s so much more we need to learn.

I have a potential tenant who’s willing to pay one year of rent upfront. Is that even allowed or is it legal for me as landlord to take advantage of it? Any thoughts? Thank you in advance!

Post: Tips on buying foreclosures

Cecilia CavePosted
  • Posts 28
  • Votes 1

@Ron S.

We are still waiting to hear from the bank on our offer. The house looks decent as far as we can see. We will see what happens and we’ll go from there. Thank you for your input.

Post: Tips on buying foreclosures

Cecilia CavePosted
  • Posts 28
  • Votes 1

@Will Fraser

Thank you so much for your input. Will definitely keep that in mind!

Post: Tips on buying foreclosures

Cecilia CavePosted
  • Posts 28
  • Votes 1

Hi there, we are a newbie investor who currently own one property and waiting to close on our second one. Our target is SFH in our local area in Haughton/Bossier Louisiana. We had issues with closing a deal because the sellers were not willing to fix major issues that we asked for (we walked away with 3 so far and wasted our time and money). We saw this foreclosure property that was relisted due to the buyer's financing fell through) and we made an offer on it (pending approval). Is buying REO or foreclosures better since we would know from the start that the property is SOLD as IS? Thank y'all for your opinions in advance!