All Forum Posts by: Ivy Hailey

Good day Everyone, 

I hope all is well. I inquiring about banks, bankers and realtors that specialize in multi family properties preferably fourplexes and triplexes (properties that are still considered residential properties). I am in Baltimore, MD and if you could provide me with bankers, underwriters, or realtors specific names that are tied to the companies that can help me in my local area I would be greatly appreciated. If you know of any private lenders willing to benefit from these type of investments don't hesitated to connect us or connect with me for future projects. Thank you in advance for your time and assistance. 

Peace be unto you,

Ivy

A wrap around contract if I got this straight. I want to take over the deed, pay the existing mortgage up to date, leave the existing mortgage in place, place the deed in a land trust, rehab the property then pay off the mortgage once I sell the house off. Where can I go to obtain the guidelines and procedures surrounding this once I am educated by the BG pros? I just read the revised 2008 house bill when Martin O Malley was in office pertaining to foreclosure consulting, foreclosure reconeyance, and foreclosure rescue transactions. 

in MD when are investors able to do business with a homeowner? I keep hearing 20 days but 20 days til what? Also, information or documentation do I need to obtain from the homeowner other than payment schedule, amount that they are behind? Thanks  advance for your time and assistance. 

Ivy 

If you can recommend reliable contractors in Maryland I would greatly appreciate it. I am new to wholesaling a commercial property especially this size complex. Any recommendation on what I should be looking for, asking for documents etc..., other than updates and repairs on the property. What information is important to commercial real estate investors that I need to inquire about and present to them to close a deal with them? Thank you in advance for your assistance and time.

If you can recommend reliable contractors in Maryland I would greatly appreciate it. Thank you. 

Thank for your response Michael and Elizabeth. I'm reaching out to other Realtors as we speak and I will update everyone. I also will research the locations that you have suggested. Thanks again.

Ivy 

Good day everyone,

I am a wholesaler in Baltimore MD. One of my realtors just contacted me whom just came from Board of Realtors meeting where they have been told that legislation has been updated and a task force to target Wholesalers has been compiled to crack down on a new regulation set forth called "Regulation O". I attempted to research this online immediately however I have not found documentation outlining this updated regulation. It is stated that the are contacting wholesalers one way is through bandit signs making bogus appointments. I don't know of any other means as of right now. I wanted to update my community in hopes you will stay safe out there. I also want to ask, since I am a newbie wholesaler should I be discouraged or keep on chucking? My main goal is to eventually move on to rehabs and buy and hold. I have open arms to all advice. Thanks

Devin,

what do you pull from the tax assessors office?

I am wondering what are investor friendly banks, which are great for investors? I am curious about who are the best. I want the ability to go to the bank and the staff understands the real estates arena for investors so I can get things done in a timely manner, in a the most cost effective way, in the most intelligent way as well. Open for suggestions. Thank in advance for your assistance and time.

Peace be unto you, 

Ivy