All Forum Posts by: Davin Wright

If anyone can help,

I know someone that owns a property, it's not for sale but there is no tenant in the property. There haven't been a tenant for about a 1 to 1 1/2. They still have the property in their name and I guess they are still paying the mortgage on it also. It was built in 1989 it's in a good neighborhood in MD. I say it's probably worth around 300-350K.

I'm new to the RE game so I would like some insight on how I can purchase the property on good terms. I really want the property for myself. I know that what I'm trying to have the mortgage at i will not be able to get but I'm trying to get the mortgage payment at 1000-1500 a month. And also my credit situation is not that good right now. Not bad but not that good.

I know this person very well but I just want to know how I should go about approaching them from a investors stand point.

If anyone can help,

I know someone that owns a property, it's not for sale but there is no tenant in the property. There haven't been a tenant for about a 1 to 1 1/2. They still have the property in their name and I guess they are still paying the mortgage on it also. It was built in 1989 it's in a good neighborhood in MD. I say it's probably worth around 300-350K.

I'm new to the RE game so I would like some insight on how I can purchase the property on good terms. I really want the property for myself. I know that what I'm trying to have the mortgage at i will not be able to get but I'm trying to get the mortgage payment at 1000-1500 a month. And also my credit situation is not that good right now. Not bad but not that good.

I know this person very well but I just want to know how I should go about approaching them from a investors stand point.

I was wondering if you live in one state would you be able to form a LLC in another state. I currently live in VA and I was trying to see if I could form a LLC in MD?

The reason is that in MD it's easier to form a LLC. In MD you don't have to go through a lawyer.

Any suggestions?

Ryan can you make the posts so that i can go straight to them?

Ok...Thank you for helping me understand what that means.

I was really not that good in math in school, but can someone explain to me what does it mean when someone says you should put the contract under 60-65 cents on the dollar?

Explain to me 60-65 cents on the dollar?

I hope this is not a stupid question.

Thanks for the information. I will learn all of the real estate investing basics and techniques that are involved.

I'm willing to work as much as I can. I just want to know what are the basics to Real Estate that everyone is acquiring.

Do u know what the Basics to Real Estate are Tom C?

To my understanding their are no basics to Real Estate.

If you don't know then I don't need your criticisim.

Thanks Jason cause I didn't know if I could and if so would I be wasting my time or not.

I see alot of these around. What's the best way to find homes to wholesale?

Thank you Mike and Dan for your input. I look forward to getting more advice from you.

Thanks