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All Forum Posts by: Joe Farrance

Joe Farrance has started 18 posts and replied 37 times.

Post: Wholesaling and researching property for investors

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

 Ok thank you Laura I will try this route and see if I can get the information. 

Post: Wholesaling and researching property for investors

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

Thanks  Laura for your reply. 

What I’m looking for is the total history of the properties such as any tax liens, back taxes owed or a history of such and medical judgments or other judgments, lawsuits pending etc that may be on the property and have to be dealt with before closing.  

Post: Wholesaling and researching property for investors

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1
Hello. Moving forward I have discovered the lack of time for me to do my due diligence on properties for investors. So I’m looking for some suggestions on how to get around this obstacle I have seen programs that will do this research but with all the reading I have done so far on bigger pockets I’m getting the feeling not to buy it until I ask. So here is my daily routine. I leave my house to go to work everyday (7 days a week) at 6am I get home at 5pm 7 days a week. This makes it very difficult if not impossible to head down to the county court house to do my research on property. So how can I get around this? Thank you

Post: HUD Homes for wholesaling or fix and flip

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

very interesting Greg thank you. This type of investing might be a little to much for me to start of on. So I think I’m going to do more researching in to foreclose and auctions. 

Post: HUD Homes for wholesaling or fix and flip

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

yes it does thank you and one more niche to cross of the list for now

Post: HUD Homes for wholesaling or fix and flip

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

Hello still experimenting with this process of wholesaling and trying to find houses that would be a good fit for a local investor, so with that in mind I'm trying to find flipper uppers that will generate at least a 15% return for a flipper. So I started exploring the options of wholesaling HUD homes?

(1) Is this legal? 

(2) If I can do this why haven't I seen anything about this process

(3) Will this work much like a foreclosure auction where I need to find a investor before I go to the auction to have money in hand?

(4) Or are HUD homes simply a great way to fix and flip

Thank You for any feed back

Post: New to wholesaling and have some questions on foreclosure

Joe Farrance
Posted
  • Cicero, NY
  • Posts 37
  • Votes 1

Hello, 

Starting out in the real estate investing world by getting into wholesaling. So if Im out doing the work for a rehabber and I go to foreclosure auctions or the bank these are  Some questions I have 

(1) What is a redemption rights when it comes to foreclosure property? 

(2) Is it legal for me to knock on someones door and offer a solution to them instead of having there house go in to foreclosure or auction?

Thank you for any advice