Here are some of the details regarding the scenario:- Taken off market last month at 499,900 - Listed for auction yesterday with undisclosed reserve- buyer premium of 10%- Open for cash and financed purchase- down payment of 10k due by end of day of auctionMy scenario would be to seek financing.

I don't know much about NJ or the areas you're seeking, but I've done a few deals there.  

Look forward to learning more and to contribute to this awesome community.Thanks,RomelHi Romel, pleased to meet you.Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, “Subject To”, apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.

While having leverage is not bad it can assist in growth exponentially, reading posts like I just did of an investor having $100k in loans at 25% and wondering what to do with a new $50k LOC and thinking he should continue to invest it vs. paying down a 25% loan scares the hell out of me. 

Hey everybody, my partner and I are working up to diving into our first real estate investment- either a flip and sell or a flip and hold rental in the Baltimore area. We've identified a few properties that we would l...

There is one this Monday in Lake Forest that should be very interesting.I would seek out and speak with individuals who are successful locally and connect with them.

If I were to choose to contribute to a charity it would be the Humane Society.Nothing more rewarding in my opinion than assisting a helpless or abused animal.

(Omaha, NE)I want to work through a specific part of town block by block, and I want to find some assistance in portions of the 5 steps below, and help maintaining a master of results:1) Finding leads (Driving for dollars via google street view, craigslist for rent, listsource, MLS, other)2) Evaluating Leads (Filtering and storing, does it match my criteria?)

Seek competent tax and legal advice.

I would ask the firm that put the IRA LLC together for you to assist with the TD brokerage firms.