All Forum Posts by: Michael Correale

Brandon Turner and Joshua Dorkin Thank you!
Glad to have such a great resource!

David Ray Moreno I don't have funding to get into any other aspect of REI. I figured the capital I could generate wholesaling properties and commission from real estate sales would potentially enable me to acquire some great rental deals i've found. I haven't found any hard money lenders that would supply 100% LTV therefore I am looking to partner up with a private lender or someone interested in doing a few deals together. Maybe we can find a mentor that can guide us down the right path and even work together in the future if we can locate some funding.

I am a realtor for Douglas Elliman on Long Island. I am new to real estate investing and would like to start my journey with wholesaling REO properties. I read all about the different tactics to get around the banks no-assignment clause using a Land Trust and even set up transactional funding in the area in case I would have to do a double closing. I have made an offer on a REO property in my area and I am excited to jump right in. I have set up a local buyer list that I will wholesale properties to. I have great analytical tactics when it come to finding great REO deals in the area and I would like to network with some local investors to parter up on a few deals. As a new member of BP I really found such great information in the blogs and forums and look forward to what else BP has to offer. Thanks!

Hello David,

I am also a real estate agent on Long Island. I am new to investing and I would like to wholesale properties to start. There are a few properties that I made offers on with intentions to resale to local rehabbers.

What is your current plan to start investing?