All Forum Posts by: Jerry Maggiore

@Christian Rojmar I would definitely consider that, the only thing is, is that I can’t find anyyyyy properties like there where I live Goshen, NY

@Mark Anthony Alvear Jr thank you

@Patricia Steiner the ok here’s the boat I’m in right now.

Got my pre approval, budget is $250k In Orange County MIDDLETOWN NY.

Saving money as months pass.

Can’t find a home to purchase, losing motivation .. for now.

Dividing I’ll try other options .. any other options especially to get out of renting

So thinking wholesaling for now to gain more money whilst still looking for First home

Duplex

Multi family

Condos apartments ect

I don’t know hat path to take either.

Thank you so much, I really really want to do this real estate investing.. always been my dream ..

eventually try all methods eventually.

I’m trying to make extra money by wholesaling houses or even land. So how exactly do I do it?

Let’s say I found the distressed property that’s not on Zillow or anywhere. I get the owners information and we get a deal going. Houses nearby are going for $300k. Let’s say I can get this one for $150k but needs $50k in repairs. I don’t want to do the repairs so I then find a buyer to renovate and buy it from me for $180k.

Now how exactly do I purchase the home and how do I sell it? Do I have to take out a mortgage? And what mortgage or what’ alternatives can I take.

Someone once told me that I don’t have to do anything because I’m not actually going to buy it?

I’m confused on the process.

Thank you guys/girls so much for the responds

Lots a land by me and can you wholesale land ? Knock trees down ect

I’m house shopping and is having a septic and water well bad ?

Just learning the ropes..

People say buy a foreclosed property for your first home and take a rehab loan for renovations matching to your budget. Is that so? And how? What’s the catch

How do you find the right price, can you find from Zillow, look for distressed properties/abandoned

@Sheldon Caruana im in the same boat as you man. First time buyer of limit of $250k and don’t know what to do because I can’t find what I want in my area as well

Right now I’m living in an apartment and my Fiancé and I are trying to purchase our first home! I want to start investing while I’m searching for a house for myself. I was thinking buy a foreclosed property and taking out a rehab loan to renovate.. or is there a different path I can go?