All Forum Posts by: Joseph Rivera

@Thomas J Petracca great job I’m hoping to do my first brrrr in Poughkeepsie soon. I’ve been investing there for a few years and the neighborhood is definitely better then it use to be. Let us know how it went when you are done.

Thanx Wayne brooks I was able to find a mortgage broker before we signed. I explained my situation and as soon as the property transfers into my name he will be able to give me zero down financing as long as it appraises for the value I gave him. Which it should. And no seasoning period but I have to get the loan in my name then transfer the property into the LLC.

Thank you JM Payne I was able to get the deal done and everything checked out on the title. My sis is happy to not have to worry about the property anymore.

So about a year ago I found a house for a buy and hold but my sister decided to purchase this house to start her real estate investments. The house is a cash flowing property. I helped my sister out through out the entire process. Now fast forward a year and she has decided real estate is not for her. The property is still cash flowing but she no longer wants to deal with the hassle of it. Luckily I have been following this house for the last year helping my sister. We also share the same property manager so she has been keeping me up to date on my sister property.

We have discussed the option of a quitclaim deed for me to take over the property immediately and then file for mortgage right after under my LLC.

This will be my first quitclaim deed. Has anyone dealt with quitclaim deeds with family members? Any advice on quitclaim deeds?

@Siobhan M Gelb. I am looking for a wholesaler in the and I am interested in land if you can give me a call tomorrow my number is 13477286606 and we can talk more.

Thank you very much and I will definitely let him know. 

Hey BiggerPockets I am looking for a good handyman for small to medium jobs and a contractor for bigger projects like doing the brrr method on a multi family. Anyone have an ideas. Thanx in advance.

Hey Matt sorry I can not help you With getting a new broker but I am an investor in the Poughkeepsie area that is looking for REO properties. I only have 6 units but feel that I can scale faster doing the brrrr method with REO properties going forward. Maybe we can talk my number is 13477286606. And maybe we can do some business.

Hey it would be nice to meet some investors in the Poughkeepsie area. I've been investing a little there and I did notice that they keep everything local. I can't make tomorrow's meeting because of a birthday dinner but would love to meet people another day if people want to meet. And how would I find out when and were future meeting are so I can adjust my crazy schedule and make a meeting.