All Forum Posts by: Robin Vidovich

The number of properties are not the issue. The correct "type" of property is what is important. One that will have equity in it, a distressed seller, a run down property, a vacant property, etc.

Robin

The above stated methods certainly work very well, however, I collect my wholesale fee at the time that I assign the contract. Reason is that I am selling the right for the end buyer to purchase the property at a negotiated price. In essence I am selling a piece of paper and get paid before they go to the close table. My contract does state that if the property does not have a clear title, the buyer is entitled to their fee to be refunded.

Hope this helps,

Robin

Depends on your state laws.

Welcome David.
Make sure you read and educate yourself BEFORE you turn all of that money that is comming your way into a deal that may not prove to be investment worthy!

Keep us posted.

Robin

No need to put 10% down if you buy the right way. Oh by the way, welcome to BP! Great site. Make sure that you do a lot of reading but your basic monopoly plan definatly works. I am working on trading in my green ones for a red one.

Good luck and great to have another Pa person on the site!

Robin

Lang,
With assuming that you are wholeselling the deal, it is not even an issue that you would have any out of pocket expenses. You are simply selling a piece of paper which gives the buyer the "Right" to purchase the property at your negotiated price. The closing of the deal basically has nothing to do with your business.

rdinvestors

Welcome. Have you been to Reading PA for investing? It seem that there are more and more people coming down from the big apple all the time.

Paul,
Sounds like a great plan of attach. I make it a point to greet every PA investor around my area. Welcome to a forum of vast knowledge!

Any question you could come up with could be answered from some one reading or posting. Okay maybe not what came first the chicken or the egg, but just about every question you may have.

Keep us posted as to your progression.

rdinvestors

I agree that we have more room to fall. Comodities will not be getting any cheaper and people will not be able to afford many things including their homes with the trend being what it has been the last 2 years.

rdinvestors

Also touch base with your title company to get their prospective on how it can be done.

rdinvestors