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All Forum Posts by: Tyran Melong

Tyran Melong has started 9 posts and replied 11 times.

Post: House Flipping

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1

Gurus always say you know it takes little to no money to start flipping homes. Once I've got in the field these hard money lenders are asking for so much skin in the game and these costs are ridiculous. I'm starting to reevaluate my choices . Can someone tell me how much money i should have in my bank account before i start flipping homes because 10 grand isn't going to do it . Thanks comments are accepted .

Post: Calling Buy and Hold Cash Buyers in South Jersey

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1

Great single family home in Toms River. This Ocean County property is located 15 minutes from the sandy beaches of Seaside Heights.

This split level house is nearly 2000 sq ft. and sits on approximately a 100 x 100 lot.

This house includes 4 bedrooms and 2.5 bathrooms, a HUGE master bedroom with a walk in closet and en suite bathroom, a large living room, a dining room, a separate family room, a foyer, and a laundry room. Completely renovated! Hardwood flooring, and brand new Berber carpeting throughout this home. This house is the perfect turnkey rental property for a seasoned investor.

A property of this size can be rented in this neighborhood for $1,600 -$2,100 a month.

Email Me for more info [email protected] or Contact me on BP!

Post: Questions

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
When wholesaling contracts can you still go through a realtor to get to the owner or you have to rule out the realtor and find deals that are for sale by owner ?

Post: Questions

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
Who picks the title company buyer or seller and for the wholesalers who do I give my contracts too the investor or the title company themselves ?

Post: Need some information

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
Both are good points but I'm going to need it for the state I'm going to invest in right not my own state ? Jeffery Griggs Jeiby V.

Post: Need some information

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
Do I need a lawyer to draw up a purchase and sale agreement ? Or Can I use a template off the internet ?

Post: Flipping

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
Does it matter which city you flip in if its good deals ? Also I'm from New York and sometimes properties sit for 100-200 days I don't want that at all I'm trying to flip in 30-45 days. What areas are other people flipping in and are getting it flipped pretty quick ?

Post: First Flip

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
I'm going for a private lender or hard money lender Devan Mcclish

Post: First Flip

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
Should you have the property first or the financing first ?

Post: New member from New York

Tyran MelongPosted
  • Alarm Technician
  • Uniondale, NY
  • Posts 12
  • Votes 1
My name is Tyran and I'm from New York im looking to invest in fix and flipping properties . Im looking to go south and I'm searching around for funding as in PML and HML any suggestions ?