@Leroy Feireira-shearin what they dont tell you is that wholesaling involves owning the property, then reselling it.

The house Is only only valued at $160-$205 (range from various sites)Zillow estimates Foreclosure Estimate: $82,006.I did my research, found out all the parties involved.

Does having just one other, unrelated investor involved in the fund change this scenario?

Depending on the amount of money involved, it may not be worth the hassle to pursue legal action against the seller.

Just wondering anyone had experience about apply building permit by themselves.

I am looking to connect with New Yorkers who are currently involved/looking to be involved with large multifamily deals on the East Coast.

also what 30 yr fixed  rate are you considering and what are the closing costs/ loan fees  associated  with the refinance …..you might ask  for  " low cost "  rate options for the refinance  in order to keep these expenses down …...if you refinance the loan to a new  30 yr fixed in order to make it cash flow better - always keep in mind that you can  apply extra payments to the new loan to  whittle the balance down

Anything will be helpful including the challenges involved, opportunities, expected CAP rates, preferred locations, areas to avoid and why, etc.Thank you!

The time you save in not searching turns to all the aforementioned and your opportunity to pick and choose how you involve yourself in each deal; thus partnering on the great stuff and wholesaling the good.Even 2% ownership in a com or multifam deal long term could be a great start to a passive income that allows you even more freedoms (choice).ALL of the value is in the deal.

The problem with that plan is the MLS has rigid rules, and guarantees for agents involved in a transaction that assures them they will get paid when the transaction closes, and guarantees them a specific dollar amount or percentage in advance.