All Forum Posts by: Patrick Sikorski

Thanks for the insight! I was able to close the deal with my own title insurance. Definitely worth the peace of mind and made the process a lot smoother having someone on my side during closing.

Hi all - I recently won an auction on a foreclosed home in my area. I have not purchased through auction.com previously or a foreclosure all together. What are some things I should look out for during the closing process, items to read through in the purchase contract and anything else to do in order to make sure the process goes as smooth as possible. Any insight would be greatly appreciated!! 

Hi all - wanted to reach out if anyone has had any experience of purchasing small multi families all cash with the intentions to cash out refi immediately after? What are some pros and cons of this strategy? I found an investment property in which the seller mentioned they are more keen on taking a lower offer all cash. I have roughly 30% I can put down and a family member of mine said they can go in on the deal with me to get it across the line. I was thinking once closed to cash out refi and pay back my investor to own the property outright. Somethings I thought about was double closing costs but if purchased below market value will I be able to retain some of the closing costs after refinancing. This would be my first deal so any insights to this strategy or any other ideas would be great!