All Forum Posts by: Chaim F.

Hi @Branden Spann, welcome to the BP community!

I'm sure you'll find this site helpful, there's lots of great information here that will help you get where you want to be.

Happy investing!

Most of the times we assign the contract and the buyer closes. We mostly work with buyers that we have relationships with, so we don't have to be so cautious, but most of the times you do have to take certain measures to make sure you get paid. My best advice would be consult with your attorney.

Good luck! 

@KL Dolphy

I don't know of any double closings, but you can always assign the contract, or sell the llc that has the contract attached. A assignment fee by us it depends on the property, for example a property worth 100k and the contract is for 80k, you wouldn't get the same amount as if the contract would be for 50k.

Hope it helps.

Good luck!

Hi @Clauny Cassagnol, welcome to the BP community!

You came to the right place, you can get here all the information you need to get started. Make sure to browse in the forums, listen to the podcasts, read the blog posts, and check out the learn section, they're all very informative. Last but not least interact, connect, there's a lot of people people here willing to help.

Wishing you lots of success!

There's a local meet up in the city around once a month, and  @Damon Bodine is planning to make one in Brooklyn as well.

Good luck!

Hi @Tim Loughrist, welcome to the BP community!

There's lots of great information here that will help you get where you want to be.

Good luck!

Happy investing!!!

Hi @Jason Potter, welcome to the BP community!

There's a lot of great information here to help you get started. By having goals and working on them, you have definitely a better chance of success.

Wishing you lots of success!

Hi @Leo Hernandez, welcome to the BP community!

I think Jersey City can be a good place to start, from what I heard from friends 1-2 families go for that range.

Wishing you lots of success!

@Damon Bodine

Thanks!!

Hi @Michelle Kalisz, welcome to the BP community!

I would suggest you to work with a mortgage broker since it's your first deal. They should be able to find you the right financing that would work for you. The big banks will usually require much more than a local community bank.

The banks appraisal is usually a few hundred dollars.

Wishing you lots of success!