All Forum Posts by: John Azike Jr

@NedCarey thanks for the info!

Hey everybody!

I have a question regarding earnest deposit. I don't have money sitting around to be used as earnest deposit.  Part of the reason why I started wholesaling was that it required hustle more than money. For 5hose wholesaling in Baltimore,  what's the typical amount of money out down as an earnest deposit.

Also after getting a property under contract,  is my next step opening escrow,  or am I allowed to start marketing.

@Michael Kissi thanks for the info!

@Sam Lewis thanks Sam, im gonna check them out!

Anyone in the Baltimore area either wholesaling, or in real estate willing to recommend any title companies/closing agents that work with wholesalers?

In addition, any recommendations for real estate attorneys that can review my contracts (ideally for free, but you know, a guy can dream)

Hey everyone, so I'm really intrigued by owning Real estate. But I'm not in a position to start right now. I'm currently a second-year nursing student on track to graduate in May 2022. I want to buy my first property one year after I begin working. I have been looking into different methods and house hacking stands out the most for me. So I have a couple of questions.

1. If I decide to buy a property that needs to be rehabbed, would I need an FHA loan or a 203k loan

1.a. = if I'm using the BRRRR method, what are the pros/cons of hard money lender vs, a loan from a local bank

2. I'm in the Baltimore area, so is anyone familiar with good areas to look

3. has anyone had experience house hacking specifically in the Baltimore area.

4. is it recommended to hire a financial advisor or a CPA when one begins to partake in real estate, (to help with tax questions)

Thanks in advance!