All Forum Posts by: Jonathan B.

Would very much appreciate if you could have some time in helping me understand how credit and mortgage loans work?

I'm looking into investing with my father, he has the equity and would like to understand the general idea of how do I increase my ability to leverage my cash while I increase my portfolio​?

Given he has 500K in cash,

He is retired, and has no other income

How would one's situation be able to roll forward given such condition?

Hi Guys,

Can some one recommended of
 a mortgage broker from Tampa FL?

Thanks alot Buddy.

Hi Guys-

Still sharpening my pencil in this guys and wanted your opinion on a deal here,

What pitfalls such a deal might hide?

Found it on Craigslist-

SFR

originally 4/3 

House has a lien on it for 2000$ for adding a bedroom making it 5/3

Given this type of lien, apart of the cost What actions the potential buyer needs to take for this property will be clear of an liens?

Should he re-construct it back to its original plans?

Seller toke on a short-sell and flipping it (Is there something i should verify given this condition?)

Ask price is 95K,

Cost of rehab are within 30K-40K

Comps on Realquest & Zillow for this size is 170K-180K

Father is a contractor so costs of rehab should be on my side-

Considering as a BRRR property, good neighborhood, Rent is is 1500 Range.

I put more emphasis on learning through the process rather than grabing a deal,

Property address-

6802 N Glen Ave, Tampa

Share wisdom,

Thanks

I was more aiming towards the Diligent steps your taking to assess the property your interested in don't hold any unseen catch 

Physically / legally 

Hi Guys,

Thought about making a post to help all those who are new Or experienced in this (me included)-

Please share what due diligence steps / measures you see important to taken and you wish you had taken?

Shoot!

Thanks,

Yonatan.