All Forum Posts by: Kedian Jimenez

@Anthony Perez Thanks for clearing that up. That's quite a hefty assignment fee for a property going for $250K ARV, how exactly was this presented to the end buyer? I mean, its a good deal for them if the number is what they want at the end of the day but I have definitely ran into some buyers that would not like to pay that large of an assignment fee.

@Anthony Perez @Anderson Minaya meet @Ceasar Rosas and see if you guys can come to the next Meetup. Ceasar is awesome and hosting the event. he can provide all the details for you.

@Anthony Perez - awesome stuff! There alot of value in these deals.  Especially when it goes against the "It cant be done in NYC!" love it! Just to be clear, you ended up double closing this one?  Also it seems like we are from the same new york breed lets connect :-D

If it interests you, it would be great to have you check out the next REI investment mastermind in the Bronx. all invited

JV = Joint Venture @Laurent Spira

im not sure about VA loans but may also consider a 203k loan for places that would need some work. definitely can get a better deal that way if you run the numbers correctly. I think you are thinking along the right line. Eliminate expenses and life gets a whole lot easier. Just make sure this deal you get into cashflows well without you living in a unit and then when you decide to move on to the next home it can now help pay down the next one. Also be sure to consider how much cash would be there when you refinance especially to apply for a new VA loan after your term

Hey Paul! welcome to BP. Search the forums and Join an REIA. We also have a bronx meetup that happens about once a month that @Ceasar Rosas is hosting. Please come buy. I'm sure there's alot of people you would like to meet there and they would like to meet you.

awesome! keep going for it! lots of people to connect to on here

@Brian Johnson I want to start my own and definitelly learn how to use those tools properly. We should catch up on that. Will make a great funding tool for RE as well.

haha books are a great to get started, improve, and gain wisdom. I think OP will appreciate it :-D

@Brian Johnson  That is by far one of the books that has dramatically changed my life. Thank you for sharing that with the community. My whole life i now structured this way and I only live on a fraction of my income. Even when I think i'am going into my necessities way too much I remember "ooo I still have a ton that I saved on the side" it because automatic. I would recommend "Money: master the game" by tony Robbins as well. "The intelligent Investor" by Benjamin Grahm. Millionaire Mind by T. Harv Eker.

@Lombosco Dixon - remember this is a journey, not a destination. You will have to take on challenges one at a time. But then again, just get started. You'll fall and get back up. Choose your niche and market. Go for it. Then looking back you'll be able to connect all the dots.

there's certain Turn Key investors that would like a deal like that at the right price. You can definitelly push it forward and charge a smaller fee than usual sinc eit is not distressed. or do what pratik P mentioned