All Forum Posts by: Jaago Viitkin

Hi Sven & Jessica,

Welcome, it is a great place to be.

Any questions you have just call me.

PS! Seems your friend is a VERY SMART GUY

Hi Matt, welcome. I am also in Northern NJ and got my license in Hoboken. I am currently flipping in Florida and closing on multi-family here in NJ.

Good luck, let me know if you have any questions

@Mary lou L. 

Thanks for feedback.

Yes, 1500-2000 is the full price, with installation and everything

@Michael Noto 

Thanks for quick answer.

What do you think how much would it cost me?  Are we talking about 1000 dollars or less?

The new Ikea kitchen with everything would cost me 1500-2000

THANK YOU @Michael Noto @Greg Behan @Rodney Marcantel for your feed back.

This is the kitchen, what do you think guys???

I am rehabbing an apartment in South Miami.

I have always used new kitchens as the kitchen and bathrooms make the sale.

This apartment looks good, but just little outdated. Apartments in that complex go for around 100 000.

I was thinking of IKEA kitchen that would cost me 2000 dollars all together.

My question- Is there any other cheaper way to renovate kitchen?

-May be just change cabinet doors and handles?

-May be change countertops etc?

Or am I fooling myself by the end of the day? Anybody has experience or comments how was it to sell an apartment with new kitchen or "half new kitchen" in South of Miami??? 

Thanks

Hi,

I am currently under contract and buying with a mortgage.

The owner took out an oil tank and it had a leak. The soil got cleaned and the whole is filled, but the bill is not paid yet.

The owner does not have cash and I can not buy with mortgage before the bill is paid and the cleaning company sends the results to the city. Once the city certifies the done work we can go get necessary Certificate of Ocup. and close with my mortgage.

Now the owner is offering seller financing if I close fast without the CO and pay the bill. What are my risks if I close without CO and pay the bill and get the CO later??

What if the oil cleaning company did a bad job? Are they reliable?

I am looking for a seasoned investor or broker who can take a look on a case and give me advice? Somebody who has bought and invest in Union City, New Jersey!

My lawyer says do not buy with seller financing, he says a lot of things can go wrong before I get the CO. When I ask what else can go wrong, he says every city is different and he does not know specifically.

Any ideas how could I use seller financing?? I do not mind paying for the oil cleaning if I know I can get the house. I do not want to pay for the cleaning before it is on my name, I do not want to invest in somebody's else property

ANY IDEAS? 

Thank you

I am thinking to start a wholesaling campaign to get my rehabing deal flow going again. MLS deals have dried up and auction prices go way too high.

I have 2 questions:

WHAT ARE THE QUESTIONS I SHOULD ASK WHEN PEOPLE CALL BACK?

HOW CAN I TEST ARE THEY MOTIVATED ENOUGH?

THANK YOU

PS! All wholesalers in Miami-Dade and Broward County please and me to your cash buyers list. 

THANK YOU GUYS,

YOU HELPED ME A LOT

@Wayne Brooks 

Thank you Wayne, your answers are fast and you really help me.

It is not the same auction, I did not win.

It is a different auction on different site.

It is a bank REO and it dose say "Buyer will receive a Special Warranty Deed"

I called the association and a nice lady said unpaid HOA fees are 15 000.

I called the attorney's office also and they said the estoppel is 170 dollars and will take 7 days. The auction is today. (I cant be buying all the estoppel letters anyway, it will add up)

I went to see the apartment and saw it is empty, no furniture and it is ugly. You can tell people has not been there for longer time.

My question is:

1) Buyer will receive a Special Warranty Deed IS THIS SAYING THEY WILL PAY THE HOA?

2) What else should I be worried of?

Thank you