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All Forum Posts by: N/A N/A

N/A N/A has started 10 posts and replied 28 times.

Post: REO

N/A N/APosted
  • Posts 32
  • Votes 0

what is the best way to get intouch with someone or a company that sells REO's. i live in south Louisiana . just interested incase i would like to go that way .

Post: sheriff sale

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  • Posts 32
  • Votes 0

thank you so much .

Post: sheriff sale

N/A N/APosted
  • Posts 32
  • Votes 0

:roll: did i say something wrong ?

Post: sheriff sale

N/A N/APosted
  • Posts 32
  • Votes 0

Hi again . im still new to this . i been reading all the post on this site . very good topic . this site gives you more info, you will ever need . ok here it is i found a house my money is where i need it. its a sheriff sale house 2 br. 1.5 ba. it has 1 apartment in the back .the whole property is in fairly gd shape . the claim amount on the both is $64.356.32 . my question is when i go to the auction should i set a limit on how high i should go and if wat is the most i should go . i think it is the perfect property for me cause the appartment is still occ. so that will be positive cash flow till i can fix the property and sell it . do yall think this is a gd idea for my first property to fix up and sell it?anything you can give me will help .

Post: Best Loan for my first flip.

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  • Posts 32
  • Votes 0
Originally posted by "jenice54":
When your flipping a property (unless you plan on fixing it up your self first) you really don't need a loan because you will never truly own the property.
what do you mean you will never own the property ?

Post: a couple of questions

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  • Posts 32
  • Votes 0

is there something i said wrong :help:

Post: a couple of questions

N/A N/APosted
  • Posts 32
  • Votes 0

ok here it is . any insight will help. i love the idea about being in the real estate buss. for alot of reasons . i purchased my first home two years ago and did alot of work to it myself this is what i like doing on the side of being a full time chef, the house it probably worth 75 thousand more than when i purchased it . my question is should i do a little more work to it make it worth more and sale it to purchase a new one and so on or stay here and build more equity ? i work for a very wealth man who made all his money in real estate should i approach him with a deal of flipping some houses and making us both some money ? he would be the money man how would i go about make a profit of it if hes the money man? would i spilt the profit 70 him 30 me or what yall think?i would like to use him to get started till i make enough money to start doing it myself?i know the knownledge he can give me starting out is the best for me. im willing to learn any and everything i can .is this a good idea ?

Post: new to this site

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  • Posts 32
  • Votes 0

stopped by to say hi from hot a$$ louisiana looking to stop in the real estate buss. just trying to make a better life for me and my family . i starting getting interested in real estate when i purchased my home two years ago . and with the improvment ive made it is now worth 75000 more from when i purchased it