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All Forum Posts by: Iman Yusef-Yahya

Iman Yusef-Yahya has started 3 posts and replied 38 times.

Post: Hello, new member from nyc

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Hey Anthony, sorry I wasn't able to get back to you before today, but I haven;t had any success yet with recommendations.

Suggestion: Most REIA's will allow you to attend your first meeting for free to get a feel if their group is right for you - you might want to give that a try.

Post: Hello, new member from nyc

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Hi Anthony, welcome to BP. I can ask some of my friends in the NYC area what direction to put you in - I'll come back and let you know what I find out.

Post: Contract Question

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Joseph, try checking out http://www.legawiz.com/freeforms there are several free, downloadable forms.

As always, do your due diligence.

Post: Is this a good deal

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

What are rents going for in this area?

Post: Hello From San Diego

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Just wanted to drop by and welcome you to the community David.

Post: New Member from Washington, DC

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Welcome to BP Aaron - you're in good hands here.

Post: Wholesale question?

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Have you compiled a list of buyers?

If so, if you buy at the right price, you really shouldn't have a difficult time getting buyers, if it really is a deal.

As far as your purchase agreements go, having a financial contingency clause in place stating that the offer is contingent upon you (the buyer) securing financing from xyz lender should be suffice.

What that does is it lets the seller know upfront that you will purchase based on you securing financing and that your not hiding anything.

You really do want to go into each deal with the intention of closing it.

*Disclaimer*: I am NOT an attorney - this is just my practice - seek the advice of a real estate attorney to explore this further.

Post: Bill Bartmann - Bailout Riches

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Workerdrone, I really appreciate you sharing your insights about the book.

Post: MF Acquistion-What are the most important items on your due diligence list?

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

I agree with Rich. I'd to add that I want to review the leases and see which months have the greatest exposure.

Post: a novice with a question

Iman Yusef-YahyaPosted
  • Real Estate Investor
  • Phila., PA
  • Posts 41
  • Votes 1

Is your friend a member of REIA? That's a good start. What ways is he marketing for buyers?