All Forum Posts by: Nicholas Hubbard

Hey, im not new to forum, but i have been out of the loop for awhile focusing on other things. But last night i was online searching zillow looking for a home cause im trying to move. And just for the fun of it, i type in a low price range, just to see if any properties would come up. And they did. My area had a ton of REO's and pre foreclosures and land for dirt cheap. (Single family-Multi family) and some need fixing and others are pretty decent. I was wonder how can i profit from this quickly? Wholesaling, fix and flip? Some were just hitting the market and others have been on there for awhile. Looking for someone with experience in REO's and foreclosures.

Thanks guys, you really helped me understand. I will take all this into consideration.

Okay..im in st.louis..i will do that!!

Thanks Dion!!

My cousin & his father are trying to sell there Multi-Family Property and it has a sewer/water liens on it and i wanted to put it under contract. But was wondering if this is something i should go after? Who would be responsible to pay they liens? or can you even do a wholesale on this? Im a novice, so please help!!

Im trying to get my wholesaler business off the ground and was still in the process of learning everything. I have been doin my research and know the basics of everything, but just needed to tighten up on a few things like getting my contracts i got offline looked over by a RE attorney here in my state, to make sure is legal and learning how to evaluate properties to make it benefit me and the end buyer. But as a was looking online i found a home in my area were someone is selling a 2BR-1BATH HOME for $1100. Now it does say that it has fire damage, its states that it has low taxes. And i believe its owned by a property investor company and they look pretty big. Is this something i should go after to put on contract?? Or should i outright buy it? Have they $1100 to actually buy it..even though i did pick this industry of real estate because of the no money or credit needed aspect. What would you guys do? Houses in the area are valued at $70k..does the fire damage make it not worth it? Oh, and the area the home is in is fairly decent..its in the inner-city..i havent actually went by the property, and i dont wanna label it as a war zone..cause here in st.louis..some parts of the city will be i quiet neighborhood, and 10 blocks over would be a war zone..help!!

They also have another property for $2550