All Forum Posts by: Remo F.

Delivered Vacant

4 stories and plus a basement brownstone in Crown Heights

Can accept 25% down conventional loan.

Could do with updating. Paint job

Update kitchen appliances and glamour bathroom

Pacific street between Brooklyn and New York.

Dimensions 20' X 45'

Year Built 1901

Comps in the area are high as 2,600,000

Contact me

Think i just figured it out 

Please for the love of god how do I unfollow forums?

I'm a realtor with many investors/ cash buyers looking to purchase bank owned properties/REOs

Can anyone point me in the right direction as to how I could talk to banks etc to get these deals? I'm able to find the Name/company of the bank who holds the property but I' not entirely sure what the procedure is. 

Some insight would be greatly appreciated.

I'm based in NYC

15 apartments, plus a store all in Brooklyn, NY Looking to further expand my portfolio

Hi John, Thank you for this information, much appreciated

I just passed my exam and I'm looking for a brokerage.

I'm an investor myself and I'm really looking to work somewhere that will allow me to focus on selling bank owned properties, foreclosures, short sales etc as I would like to sell those to other investors in the NYC area or perhaps purchase some myself should the right one come up. 

Are there specific Brokerage companies I should look for that specialize in this or can this be done with any brokerage?

I also need to be flexible as this will not be my 9-5 at this point in time. 

Any advice would be greatly appreciated 

What are the benefits to an investor buying the deed (having the deed transferred in the investors name or LLC) from a homeowner who's home is now in foreclosure? Does having the deed give you bargaining power when dealing with the bank to purchase the home?

The money you would get from airbnbing in Williamsburg compared to airbnbing in Bushwick or Bedstuy isn't significant enough to consider purchasing a property with a high price tag in Williamsburg. You're better off getting something for around $950k -$1,100,000 that needs light work in bushwick or Bedstuy for better cash flow. I had a friend that airbnb his rented apartment out in bushwick whilst traveling and they were bringing in around $4-6K a month (depending the time of year). The landlord put a stop to it but that gives you rough ideas on some numbers.

Hi thank you for the info. The hit areas you mentioned in my eyes are already hit areas. Am I missing something?