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All Forum Posts by: Patrick Dotson

Patrick Dotson has started 5 posts and replied 12 times.

Post: Pros and cons of condos

Patrick DotsonPosted
  • Upper Marlboro, MD
  • Posts 13
  • Votes 0

Hello all,
I'm curious to know some of the pros and cons of investing in a condo. I dont have a strong understanding on "delinquent condo fees" and how that plays a factor in investing in a condo. I understand that FHA will not finance with delinquent condo fees, however, if the investor pays to update the delinquency wouldn't that make for a great deal?

Post: Maryland "DMV" New guy

Patrick DotsonPosted
  • Upper Marlboro, MD
  • Posts 13
  • Votes 0

Hello BP,

Bumped into this site through pure luck, browsed for a few, and learned more reading the forums and blogs than I have in the last month of trying to lock up a deal. I'm an Army veteran who has now jumped head first into R.E. investing/wholesales. Don't have a 100% grasp on how this all works, so be reading for some "duh" questions from me. lol. No worries though, I've been the FNG before and moved to the top. I will do the same with this as well! Hope to meet a few helpful people and investors to get the ball rolling. Hope to hear from you all soon! Peace and Blessing