All Forum Posts by: Adrian Smude

@John Arcana I agree with the others.  Sell for a small discount to an investor and he/she keeps the tenant.  Even at a small discount you will most likely do better than trying to force an eviction.  

@Guy Azta I sent you a private message.  Let's chat.

@Ryan Brown become friends with a title company but this will take time of doing deals with them.  They won't do them free when you're new.  Sometimes you just need to take a risk and have contingencies in the contract.  Also make sure the seller knows he/she is responsible for any liens.  

@Sean Roustio I sent you a message.

@Joshua Sclafani & @Greg Paxton you both are in a great place to get started! There's so much valuable information on here! On top of reading and listening to the podcasts I recommend you checkout local REIA meetings. I look forward to meeting you.

@Roger Agness when/where does CFRI play?  Can non members attend? 

@Gavin Welch is great! 

@Jose Guevarra no we didn't find a better way to address the properties in a trust.  If we can pull a name out of the trust name we do.  If not we sometimes we address "Family of"  If you come up with something that seems to work I'd love to hear about it.  

@David Duranwelcome to BP! A great option for you to consider is a FHA 203(k). My brother just did this as a first time home buyer. I found the property as I'm always on the hunt and the sellers were okay with a slower closing with accepting the asking price. Both bathrooms needed a full rehab which is the main reason for the 203(k) but he's getting a kitchen and time throughout along with some painting. The 203(k) means the rehab costs are put into the loan. At the end of the day he should have a house move in ready with under 10k out of his pocket, 110k loan, and the ARV is 140k (conservative). Keep in mind with this you have to live in the house. There are many options out there, you just have to find the one best for you.

@Beau MillerI'm messaging you a guy I used to set mine up.  He was very fairly priced and is just finishing up my father's website.  We are very happy with him although he takes a little longer than I would have liked.