All Forum Posts by: Account Closed

Hello, I'm glad to have an opportunity to bring forward a concern of mine. I'm pretty new in the RE World/wholesaling but I have some general knowledge. I have found a distressed seller. They want to get rid of the property ASAP, circumstances have made it a hassle to pay the mortgage. This would be my first wholesale, if I was wholesaling it. But I'm actually interested in purchasing ‘Subject-To' for myself. Property would definitely be a fixer-upper, it would cost anywhere from 15k-20k to rehab although it could be cut down by doing the work myself. ARV was approx $189k, seller still owes $134k. I've read up on subject to existing loan stuff here on BP, and through YouTube , I'm out here in California and I just wanna make sure I know what I'm doing.

Thanks for your time

Sincerely, Issac.

@Athena R. Thank you :)

Hello, I’m Issac. I’m from California and I’m 22 years old. I currently am employed, making a good amount of money that I have been saving, most of my income I’ve put into a savings account. I am super motivated and ready to invest in my future. I have been hearing BiggerPockets for about a month now and I am not sure where I should start, I also should mention I have an excellent credit score but not enough credit history as this pretty much is my first steady job. I’m looking forward to being apart of this great RE group. Thanks!