All Forum Posts by: Jhamel Jones

I notice not very many investors talk about IVR.

Wondering the same.  Anyone out there???

I understand that these 2 systems are very similar. Pricing if paid by the year pushbutton is the better option by a couple hundred bucks. Which doesnt make a difference if it actually works. I am looking to get away from postcards texts and rvms. They don't seem to be producing anymore and i find myself working on lists from sun up to sun down and beyond. Anyway, anyone familiar with these 2 systems and can give some ADVICE on which you think is the better option and why? I can find more info on PBA than i can on REI. Thanks.

I am about to acquire a property sub2 with new(he bought it 5 months ago) 144k mortgage at 3.4% va loan. Monthly payments are 1018. I plan to sell for 175k under owner financing at 4.5% or something. What im lost on is if im on a 30year mortgage at 1018 a month and a buyer wants to do a 15 year deal, how would that add up if im only paying the 1018 that the current owner has? Would i put all of the money the contract buyer pays me towards the mortgage every month or what? I feel like all of the pieces are there but i cant put them together right now.....

Also would i actually have the deed placed in their name or leave it under the trust until they are paid in full......? 

Or would i simply have to do a 30 year with the contract buyers so the times coincide?

@Rick Pozos

Hilarious. Love that commercial. Thanks for the input.

Has anyone heard of a private lender called Access Loan Private Lender? If so, whats their deal? Are they legit?

Okay so my wife and I are doing some research into tax liens and tax sales cerificates. We understand that delinquent taxes go to auction and are purchased and the owner of the property has a certain amount of time to make the certificate holder whole plus fees and interest.

Now lets say a third party steps in before the set amount of time is up and offers to pay the property owner the amount they owe to make the certificate holder whole. What can the third party benefit from an arraignment like this? Could there be a contract where there's an agreement made between third party and owner to obtain the property title?

The most efficient way to find properties is to choose a market(area of interest for your buyers) and drive around. Look for properties that seem neglected write the addresses down and reach out to the owners.

@Merari Alfaro im new to wholesaling myself. But i can try to help a little. ARV is After Rehab Value. Meaning the value of a property after it has been purchased, rehabbed and placed back on the market in good condition.

Im also having difficulties with the negotiating and overall conversing with potential sellers.

Hello everyone. New to BP. New(ish) to real estate as a whole. Residing in Des Moines, IA. Just bought my first property in December 2019. It's a live-in for my family and me and now I'm trying to work my way into the investing game. Wholesale. I've been studying pretty much constantly. Having some mental blocks and mental overloads with all of the information but this is something i have to do. For my family. Still a bit confused on how the whole thing works but any advice would be great thank you for having me. Im excited to begin this new chapter towards my life of financial freedom.