Can you tell us some of the details of this deal by chance?

Hi  every one here on the greatest website on earth.I am planing to buy my first property in Newark NJ, it's an REO and i am planing to do the BRRRR strategy on it, and I'm a little bit confused so i would like to know what are the steps that i have to do what is first and what is next.I know that i have to take a property inspection, and i am planning to take a contractor to give me a estimate on the rehab.So whats next?

This will also give you a chance to get multiple quotes and find someone ideal, for you specific situation.You may make a connection with a GC that will do amazing work for you since you built that relationship.

The street is individual homes, so the chance that they didn’t know that driveway was mine is zero.

If it will be worth 300k when its completed and after all your research and estimates you will need to spend $150k in repairs then its a good deal dont you think?

You need to have the down payment of 3.5%, plus the closing costs 4%-5%, and three months in reserves for mortgage payments.If you have the average price for a duplex in your area, then a lender can work with you to develop an estimate.

Tenant said he did not bring his proof, but he has it.Judge adjourned the case, said he did not have time to look at my proof and wanted the tenant to have a chance to prove his ownership.

And when an exchange costs between $750 - $2000 that's a small price to pay to get a chance to look at a new hand and see what's out there.Owner financing can work with a 1031 as long as you have access to funds that can replace the note from your exchange account. 

You'll find a few good ones who are very good at consistently bringing good deals that fit your criteria, and a lot more who just have overpriced crap with inflated ARVs and low repair estimates. 

However, this area is rapidly building up and offers strong economic growth, so it's conceivable that we can exit with worthwhile profit.A friend has suggested we contact a few local commercial real estate brokers to get some estimates.