All Forum Posts by: Sanya Delgado

@Ned Carey thanks, maybe ill try a small local bank. Is there anything you can recommend with regards to how to pisition myself to get this loan? Should I be saying it is just a second property, or to acquire rental income etc 

I want to buy a rental property but it seems that because I already have a home on my credit $250,000 it looks next to impossible. How do I bypass this issue? How are other qualifying for these loans when they have multiple other properties? Help!

Ok good, so whatever sale price I agree on that is the final amount out of my pocket then, right?

Thanks @Lydia S. thats what I believe as well but I wasnt sure if the seller clears that up before closing or if at closing the lien amounts are deducted from what I pay seller by lawyer to pay liens

Santitation and from the city for grass not being cut @johnanderson

Hello all,

I'm about to purchase a property, there are multiple liens. I have a few questions...

At closing, will the lawyer arrange to have these liens paid or is this something that I have to take care of on my own. Also, will the amount for the liens be taken from the money that I have paid or am I going to have to pay a separate amount to go towards the liens. Lastly, if I want seller to take care of the liens, do I just stipulate in the contract? Help!

Hi Junior,

Did you try any of the recommended lenders?

Hi,

I've decided to break into real estate investing via wholesaling, but I still have a few questions; hopefully someone here can assist:

Do I physically show the property to potential buyers? If so, what is stopping them from cutting me out of the deal? Also, if I don't give them the address etc - doesn't that reduce the likely hood that they will purchase if they can't examine the merchandise so to speak.