All Forum Posts by: Jacques Wurms

I already e-mailed you a couple of mortgage brokers you can call. However for the benefit of the board. I called my mortgage broker and I was told that it should not be a problem to get an mortgage as long as the house can pass the 4 point inspection regardless of the age.

0 Votes

If you like I can give you some mortgage brokers I work with.

0 Votes

Hello Mark,

I am a Remax Realtor in Broward and I be happy to set you up with a daily feed of condo's that can be rented from day one! The seller pays my commission and it will not cost you anything. Looking forward to hear from you!

Best regards,

Originally posted by @Mark K.:

Hi everyone! I'm new to the site and have a few questions. I'm looking to make my first investment in a condo to buy and hold in Broward or Palm Beach County preferably north of Ft. Lauderdale and south of Lake Worth. I've tried looking on my own but it's a challenge trying to weed out the communities with rental or age restrictions.

1. Any suggestions for buildings or neighborhoods that might work for me?

2. How do you sort through the various condo restrictions out there? Is there an easier way than just reading through every listing on realtor.com?

3. If you use a buyer's agent, do you use just one or several? If you use several, do you limit each one to a specific area/type of properties or do you give them free reign to send you any (possibly duplicate) listings?

4. Has anyone gone to any Boca Real Estate Investment Club meetings? Was it beneficial?

Thanks for any help you provide.

0 Votes

Officially any building with more than 4 units is considered commercial.

0 Votes

Investor Opportunity! Looking for something that you can renovate and rent? Then come see this 3 bedroom/ 2 bathroom pool & garage home all age community with NO HOA fees. Repairs required - CASH OFFERS ONLY!

2015 Sf living area nice and roomy. Should rent out for at least $1650.

Bank has been trying to sell it for a while I figure it can be bought for around $80-85K cash

currently the bank is asking $98800

Once fixed up the home is worth around $135-150K

Investors this one is worth checking out as a fix and rental play.

0 Votes

I work in the greater Fort Lauderdale area with many Canadians either snowbirds and / or investors.

Let me know if I can help?

0 Votes

Hello Joe,

Below is the website they use to sell the foreclosures. Please understand you will not always get a clear marketable title. I do have a lawyer that can help and get you an opinion on the title. I can get you into the properties to check them out. They can be great deals but they do come with risks.

http://www.auction.com/residential/fl/broward-county/

0 Votes

Hello Wayne,

You are correct about the addendum however for the purpose of making quick offers they can wait as long as they are part of the original contract. The important points of the deal are in the contract. The addendum are you just for the legalities and mostly standard. Like Chinese drywall, Condo paperwork etc..

0 Votes

Hello Kathleen,

I can set you up with a daily MLS feed for hotels in Miami, Dade and Palm Beach. If that is helpful for you please forward me your e-mail.

Also you do not have to pay me a finders fee, since I am a realtor.

0 Votes

All Forum Posts by: Jacques Wurms

Jacques Wurms has started 20 posts and replied 125 times.

Post: Large 4 plex for sale in Hallandale South Florida.

Post: Conventional Loan on Older House

Post: Conventional Loan on Older House

Post: South Florida Investors

Post: Are Duplexes considered commerical property

Post: Large 3 /2 fixer upper Ft. Lauderdale area, check it out!

Post: Canadian buying real estate in Florida? Pros and cons?

Post: Buying at the Auctions (Broward County, FL)

Post: Making offers- is there a short form?

Post: Seeking off-market Florida hotels