All Forum Posts by: Helen M Leyzerovich

@Alina Trigub thanks very much!!! Will be sure to keep that in mind! 

@Dan Barli perfect! Will keep that in mind! 

Thanks very much guys! @Chris Mason that was really funny! Would you know of any such individuals in NJ area? :) 

@Dan Barli - I see you're in NJ too. Am I correct in assuming you handle commercial real estate transactions? 

Hey guys - 

Newbie here! Thinking to put an offer on a property. The cost is low enough where I can purchase it all cash and that's the requirement in purchasing this single family home. The home is in rough shape but in a very developing neighborhood. Current tenant has section 8 and is paying very good rent. I'd like to keep this property as a rental, and leave it and the tenant as is for time being. 

However, I don't want to have my cash tied up. Is it possible to put a mortgage on this property once I own it? Would this be considered a cash out refinancing? 

Thanks very much for any suggestions! 

@Lien Vuong I tried! Called several times but he didn’t pick up and his mailbox is full. I sent an email 2 days ago and still nothing.. I guess I’ll keep trying..

And that’s awesome that your offer was accepted so quickly!

@Russell Brazil thanks for your response. Now I can set my expectations accordingly.. 

@Russell Brazil Wow, and was the offer accepted after 2 months? 

Hey guys - taking the first step towards flipping and the first property that made sense was an REO. Broker made a note that BEST AND FINAL was due by a certain date so I submitted accordingly. I think I have a strong offer:

- I went 4K over asking (it made sense based on comps)

- cash offer

- 3 weeks closing

- inspection limited to environmental and structural issues

It’s been a week and my offer is still under review. I know it might take a while with REOs but how long is a while? Thank you!

Thanks again @Cameron Tope and @Daniel Dietz - good luck with your deal! 

@Colton Fairchild - your article on Seller Financing is super!

Colton, this is great! Thanks so much...