All Forum Posts by: Jay Belcher

I like Canonsburg! Send me a PM?

Welcome @Joy Sanders. Be sure to check out the local investment groups - Pittsburgh REIA and ACRE of Pittsburgh. You can learn a lot and meet a lot of people at those.

I work south of the city into Washington County. Let me know if you ever run across anything down that way.

Kris Anthou / Anthou Legal Service

Ryan Fisher / PV Settlement

Both are good, reputable. There are likely many others that I don't know of.

When I recommended those names I meant for you to look them up and call or email them. I don't know that either has a presence on BiggerPockets.

To @Chris K.'s point, you can do your own title search if you know what you're doing, but I wouldn't trust that as a tiny mistake can cost you big. And as he said, your search won't satisfy your buyer.

Both the names I recommended are PA title agents who do title search, issue title insurance, and can handle investor type closings. 

If you are selling your interest in a contract, it's more on the buyer's side to do title search and insurance as part of their closing. If you are double closing then there are other issues. I strongly suggest you seek one of those attorney's (Kris or Ryan) and take them the business and let the walk you through it the proper and legal way.

When I recommended those names I meant for you to look them up and call or email them. I don't know that either has a presence on BiggerPockets.

To @Chris K.'s point, you can do your own title search if you know what you're doing, but I wouldn't trust that as a tiny mistake can cost you big. And as he said, your search won't satisfy your buyer.

Both the names I recommended are PA title agents who do title search, issue title insurance, and can handle investor type closings. 

If you are selling your interest in a contract, it's more on the buyer's side to do title search and insurance as part of their closing. If you are double closing then there are other issues. I strongly suggest you seek one of those attorney's (Kris or Ryan) and take them the business and let the walk you through it the proper and legal way.

Try Kris Anthou @ Anthou Legal or Ryan Fisher @ PV Settlement. Both are up on their game for wholesaling, etc.

Agree w/ @Jim K.. Clairton was once a thriving steel town, but those days are long gone. There are a few pockets where there are owner occupants and they take care of their places. But there are much bigger areas of blight and all that bad things that come with it.

I don't know where these properties are, but I suspect if you were on the ground there that you would no longer consider it a B/C area.

Search PIttsburgh REIA and ACRE of Pittsburgh.

Hard [asset] money can be a private lender or a commercial lender. In the case of a commercial lender, it would be one that advertises to investors, typically not a local bank. A hard money lender would typically fund purchase and fix-up, done in draws, for a short period of time (less than a year) - with the exit being to refi longer term or sell the property.

I didn't real all the responses carefully, but some thoughts:

Don't rent the house - numbers sound no good.

The move is to be local, correct? So the issue of your wife's business, etc. is off the table?

You can do both - move and buy a BRRRR. Doesn't require a ton of cash if using a hard money lender, etc.

Moving doesn't mean taking on a new 30-year debt. You could choose a faster term if you can afford the payments.

If your wife is unhappy with the current abode, you are putting off the inevitable by not moving.