All Forum Posts by: Malcolm Brown

I've been studying different ways to determine the maximum allowed to offer seller. To be able to use the "fixed Cost " method, I need to know the fixed costs e.i closing cost, transfer fees, and everything else. What is the general fixed cost amount for properties in the Philadelphia area?

@dion depaoli,

You're right. "Subject to" investing is what I was talking about. This is where the end buyer takes over the seller financing, correct? 

New to the business, I've done a lot of research, and I've ran across the ideal of using seller financing. From what I understand, purchase the property using seller existing financing from the bank for a agreed period of time. The seller gets  a small down payment, while the buyer give a large down payment. While me the investor collects the difference of the two down payment. Good for buyer who want to buy the house now, but credit isn't worthy of the bank. Can anyone further explain this too me, or correct me if I'm wrong?

 First off, I would like to say congratulations to you and your newfound success in wholesale real estate. As a newbie myself, I would like to know how did you get started in the business? How did you start generating leads, and building your buyers list? I am starting where you was, zero knowledge. Thanks in advance 

Hey Abdul, I'm a new wholesaler and investor in the Philadelphia Market.  I am trying to connect with a few others in the business that can help me out along the way. I would be interesting in finding out more the business and your company operations. Please inbox so we exchange information.