All Forum Posts by: Maurice E. Stokes Jr

@Jesse Stahl awesome, thanks man i will most definitely check that out

@Jonathan Greene thank you for that information

Hey everyone,

I am from Baltimore Md. I'm new to this group and new to studying wholesaling in general. I'm Definitely looking to get involved but for now just building as much knowledge as possible. I've already started driving for dollars just to get a feel and understand the types of houses I should target. I now know what lists to get a hold of to find potential distressed sellers. The one thing I am more confused on is the actual contracts and wording needed to make everything legal and legitimate. If Anyone can elaborate or point me in the direction i need to go to do my own due diligence is very appreciated.

@Mike Dymski thanks, definitely directed towards my train of thought

@Joe Villeneuve you lost me

Im in position to buy my first investment property. With the virus issues just starting to heat up Im now wondering am I starting out at the beginning of a bad time to enter the market? This will be my first Investment so this subject is only adding to my already beginner anxieties. Any professional advice on should I wait a bit to see if this gets worse and maybe run into better deals down the line or jump on the opportunities at my door step now? Im in the Baltimore Maryland region.

@Stephanie P. Thank you, wow you know so much information!

@Keith C. Great info, but in that case how with the struct inspection of an FHA loan would it be best to pursue a 203k loan that helps with rehabbing what doesnt pass?

@Steve Oak from what I understand, the bank pays the seller and you are paying the bank. So im not sure if the down payment should have any effect on the sellers decision making.

@Ralph Justiz wow thank you. I will look into that in my area