I live in n.y.orange county won bid on hubzu paying cash title is clean do I need to hire a realestate lawyer to close deal.this is first time ever buying a house this way.i am really nervous about this.

Thanks for responding @John Ford

Originally posted by @John Ford:105k is exactly 70% of 150k, so I'm assuming they're basing the loan offer on what you paid for it and not taking into consideration your improvements.

John Ford that's exciting man !

Read John Ford's warning on this.A few years later I took a HELOC to buy my 1st rental property.

@John Ford the HELOC adjusts monthly, but does it have a maximum adjustment it can make over a year?

@Kim Ford So you will be wholesaling this property?  

@Jonathan Jackson, Hello, I was given some advice by my first Real Estate agent thirty years ago, who owned the Ford dealership in Bradenton.

Hey @Frankie Ford welcome!

This is a qualified employer retirement plan, not just an "account".So, you have the Ford 401k Plan or the Apple 401k plan, as examples, or commonly the "Smith 401k plan" in a sole proprietor format.While a plan name can be changed, it is not just something you do at will.