All Forum Posts by: Kay Mays

Hi BP,

I've posted in a here a few times in regards to wholesaling. My question is, what options do I have if I want to wholesale a property that has an existing mortgage balance? Is the new buyer responsible for it? How would I put that into a contract? All help would be greatly appreciated.

Thanks BP,

Kay

Brian Feltz, I know I'm on the late show, but it was nice meeting you too. I'm sorry I didn't get a chance to speak to Orlando Centeno or Jesse Tsai at the meeting last week. I'll definitely be looking for you guys during the next Reia meeting I attend!!!

Congrats Brian!!!

Its great to see someone from my area who is just as new as I am actually do it. Great motivation for me!!!

Keep me posted on how the transaction goes!!!

Thank you all for your responses. You have all given me some helpful insights. So I guess it just really depends on what I want to do. I considered the license because of the access to information, and I believe that it will help me learn to learn the laws of real estate. Not sure if I'll enjoy doing the agent thing, working on weekends and evenings, seeing as that would take time away from my family... What do you guys thing about getting the material to study for the license, but not actually taking the exam...waste of time?

Hello,

I was wondering if any of the seasoned real estate investors here have a RE license. Are there more advantages to having one? Increased liability? I'm trying to figure out what would be the best way for me to learn how to spot a deal...

Thanks,

Kay

Hello Jason,

Welcome to BP!!! I am from Wisconsin as well (Milwaukee) and there is a wealth of information on this site. The people here are friendly, and always willing to help.

Hello Blake Hanlon,

First of all, just want to say welcome to BP. I'm from Milwaukee as well, and have found this site to be very helpful. There is a ton of info on here and the other members are always willing to help.

J Scott, if you set up a BP meeting in Milwaukee, I'll definitely be there!!!

Dawn Anastasi Definitly interested!!!

Thank you!!!

I'm new to the real estate field myself, and I definitely think that this is a great idea!!! I know I'd be interested in a mentor if I could find one on here in the Milwaukee, WI area.

Yes its on the 26th. I plan on attending that meeting as well.