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All Forum Posts by: Joel Custodio

Joel Custodio has started 6 posts and replied 18 times.

Real Estate Events & Meetups

Post: New York - 10/29/14 6PM-8PM

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3

Thank you for organizing this event

0 Votes
Guru, Book, & Course Reviews

Post: Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3

So it's safe to assume that if one of these Gurus advertise that they will help you with all your deal as long as they receive 50 percent equity, it's best to stay away? @Joshua Dorkin 

1 Vote
Real Estate Deal Analysis & Advice

Post: Wholesaling

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3

Hello everyone,

I am very new to REI , can someone explain wholesailing in a nutshell? do you need capital or credit to make these kinds of transactions?

0 Votes
Wholesaling

Post: wholesaling?...

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3

I am very new to all this, from my understanding, you do not really need capital or credit to begin wholesailing?

0 Votes
Tax, SDIRAs & Cost Segregation

Post: What are the drawbacks of an FHA loan?

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3

@Bill Gulley Thank you all for your extremely informative responses, very much appreciated!!

0 Votes
Tax, SDIRAs & Cost Segregation

Post: What are the drawbacks of an FHA loan?

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3
Thank you all for the great advice , it just seems so difficult trying to acquire a home without capital or great credit
0 Votes
Buying & Selling Real Estate

Post: which loan is the best for a first time home buyer?

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3
Can anyone explain what is PMI?
0 Votes
Tax, SDIRAs & Cost Segregation

Post: What are the drawbacks of an FHA loan?

Joel CustodioPosted
  • Realtor
  • Brooklyn, NY
  • Posts 18
  • Votes 3
Hello all! I have heard so much about the FHA loan and how credit score can be marginal and you only need 3 percent down, sounds too good to be true , any insight ? Thanks !
0 Votes