All Forum Posts by: Praise Emmanuel

@Joe S.

Thank you so much for taking the time to respond, I really appreciate it. Yeah from what you said, it seems like the deal wouldn’t work, it feels like I’m trying to force the deal. Definitely just gotta walk away from it.

Also, thank you for the compliment :) !

@Joe S.

They seem desperate to sell it since they don’t live there. But I’m not entirely sure, it’s been sitting for a while

I am trying to buy a property to flip, it’s vacant, and the seller is trying to sell it for $350k because they have a mortgage for $350k. The problem is that the house is definitely not worth $350k, and the seller says they are not in foreclosure. I would have to buy the deal for $250k for it to work. How can I structure this deal with the seller ?

@Kevin Sierra awesome! I just sent you a connection request

@Ryan Cleary

I am a new investor here in Long Island New York, looking for fix and flips, let’s connect !

Any investors in Long Island, New York that are looking to connect ?

Investors that invest in College Rentals, what are your plans if colleges don’t reopen in the fall? If classes go completely online, that means students wouldn’t be able to rent. What are your plans?

Hey everyone! Is there anyone that works in the CRE space in NYC?

Hi there! The first book I would recommend you read is rich dad poor dad, it would help you get your mindset right. After that, you can read these from time to time 

1. How to invest in real estate with no and low money down

2. the millionaire real estate investor by Gary Keller 

3. The book on flipping houses by J. Scott 

4. The book on estimating rehab costs by J scott

5. the E myth 

6.Cash flow quadrant by robert kiyosaki 

7. The miracle morning by hal elrod 

8. the four hour work week by tim ferris 

9. The book on tax strategies for the savvy real estate investor by Amanda Han

You can read these and then reach out if you need more recommendations! Happy investing! God bless you!

@Mari Leopol

Hi! I would say you should talk to local banks first (talk to as many as you can) getting everything 100% funded might be a little difficult but it’s totally possible. That being said. Try to get hard money and then find someone you know that can cover the initial costs of the hard money loan (work out an incentive for them I.e interest or splitting profits 50-50) . Good luck on your investing journey! God bless you.