All Forum Posts by: Justin Lanciault

Seems like you are going to be cut out. A finder’s fee is not an assignment fee

@Lakisha F. I bought using Alex Cooper. Before you had to physically attend Ashland auctions, I don’t know about know. Alex Cooper has an online platform.

@Lakisha F. I got two at the same auction, both cash flowing properties. Be prepared and don’t bid over what you should. Put your emotion out of it - I lost 5 before winning these two, and almost won another after.

What auction house are you looking at?

@Jake K. What do you mean “rent as opposed to own it yourself?”

Rules are changing soon, so keep that in mind

@Santana Williams i bought two homes at the same auction. Great cash flow.

Things to think about - what is the maximum you'd bid up to and still consider the ROI worth it? If it's vacant, can it be rented out? How quick?

Will repairs be needed?

Liens can be attached, but it might not be. Usually you’ll be paying all transfer and recordation taxes.

I work with a number of investors in Baltimore. PM if you want to talk specifics.

@Kristopher Lamy sounds like your dtir is too high

@Kristopher Lamy other monthly payments?

Is this a straight buy and hold? What’s the purchase price?

@Everest Jordan Mine are class C. Near Hopkins you'd probably be closer to 1%

I am getting between 1.9% and 2.25% in Baltimore. Probably will never appreciate though lol