All Forum Posts by: John Santiago

Hi all,

What are some tips you have when it comes to choosing your current contractors ? I'm about to close on a fix and flip property and trying to get as many bids as possible but don't want to be bamboozled by contractors with high prices. Is it even possible to hire a general contractor to take care of it and come out green on the backside? Just looking for any advice you guys might have! Thanks a lot.

Hi guys,

For everyone in the Minneapolis-Saint Paul area, what are some of your favorite Hard Money lenders to use? What experiences have you had working with a hard money loan? and what is your best advice when it comes to using a Hard Money Loan for rehabbing purposes? Thanks a lot for all your help!

Hi all,

First off thanks for reading this post in advance! I have a "first-timer" situation and want to make sure all my ducks are in order to go through with the transaction. So, any advice would be very helpful!

 I currently have a pre-foreclosure property that the seller is ready to just "get rid of" and come out clean. I am looking to wholesale the deal but do not know all the legalities in the state of MN. Also, when it comes to assigning the contract, what is a good rule of thumb for an assignment fee? Any specific websites where I can get an assignment contract made up fairly quickly? How fast does this need to occur in order to prevent a short sale? Thank you to anyone who can provide some outlook on this situation! God Bless!

Hello,

I've been doing a lot of research on how to jump into this market and stumbled upon this "Home Partners Of America" Company that will buy homes for you and let you rent them for a year with a right to purchase the property after that. Being that I am an FHA buyer in a cash derived market, who's to say I can't use these guys to get a property, rent it for a year, and have that property under a right to purchase agreement down the road? Also, the plan is the house hack the property right away during the rental phase and try to live for free.

I may be totally in the dark on this but Is there anyone that can critique this strategy or has any experience working with a company like this? Any advice would be greatly appreciated!

Thanks in advance guys!

Hi guys,

Curious to hear from others on how they would leverage the first time home buyer programs when it comes to REI? Anything you would have done different? Any advice for a first time home buyer? Thanks in advance!

 Thanks Michael!

 Awesome advice, thanks a lot Zierry!

Thanks for the insight Janea!

Hello everyone,

I’m a new real estate investor in the Minneapolis-St Paul area looking and excited to dive into the game! The approach I’m deciding to take is to “House Hack” a du-plex or a tri-plex. Any advice for a newbie for when taking this approach? Thanks in advance