Hello BP Community,

I have been studying wholesaling for awhile now and pretty much have the core principles down packed.

Thanks

Lamont

_r=0 Philadelphia has the unique additional investment benefits of no property tax on your building for 10 years by law, 54% of its local university graduates staying to work and live right there, a low cost of living compared to New York, New Jersey and Connecticut (where the same town home would cost you over $1.4 million) and some last vestiges of super prime neighborhood land available for development.

mark,I'm a new investor also and I'm in New Jersey

I was expecting a nightmare because from what I understand Jersey is pro-tenant.

I need some clarification pertaining to the inspection contingency.Does the contingency depend on the sellers response or can the buyer cancel the contract regardless?

It took me ten seconds to find this link which details the requirements of a foreclosure consultant in New Jersey.http://www.nolo.com/legal-encyclopedia/new-jerseys-foreclosure-rescue-fraud-prevention-act.htmlPeople like you make it embarrassing form me to tell people I am a Real Estate investor.

All real situation issues here in the servicing of this loan.If the property is located in New Jersey they have an expedited abandoned property foreclosure proceeding that can drastically reduce the time to finish the foreclosure.

May I know if anyone knows of a reliable mortgage broker or banker in Jersey City area?

Rate was much higher but this is in suburban Jersey.

Has anyone used Hawkeye Management in New Jersey?