All Forum Posts by: Ray Agosto

Michael Lee I'm aware of not being able to bid without a certified check but can I get a certified check thou a mortgage broker for house being sold or no ? Is there any way to get around me having the money but if I wanted it for a loan ?

Christopher Blanco I'm trying to inquire the process of getting a foreclosed house for a live in residence, for me and my family but is there a whole process of going thou it and getting a mortgage on it later on ? Like getting a partner with the money to buy it then have him sell it to me for a mortgage ?

Hello BiggerPockets i ran into a serious question. I'm looking into buying a house within the next 8 months and i was wondering how i could either buy a foreclosed house or typical mortgage 

Foreclosed : Today i went to a Sheriff's sale , and i was wondering if there is a way to buy a house at a foreclosure sale without having the 20% right there and then?

Mortgage : I know the different types of loans such as FHA loans and others but the main question i have about the mortgage aspect of it is how could/would be able to put multi people on the loan ? is there a limit ?

Mike S. Now to fully Tackle the cost, do you have any tips and tricks? As in how would I be able to break down what I need to pay for how I need to pay for such a such are in better words just how to price everything that needs to be fixed had and also how to determine what needs to be fixed?

Mark A. You are semi correct I'm Looking for something called a Home Style Loan which would be able to actually pay for the loan for the house and also for the repairs . I've reached out to some lenders to figure this out . Now I don't know if you know anything about this but you think with a Home Style Loan I could buy it fix it up and flip it basically?

So hello BiggerPockets I have a serious question to ask I know they should be basic but still I want to clarify if I'm right and also if there's another method. So previously I posted up a question about how to finance a owner finance rehab, so the main question here if I get him to agree on her owner finance property through contracts of let's say $80,000 and rehab for it because he had a previously gutted is about $20,000 so in total for the whole house it's $100,000. That's including property itself as is and also rehab. Now here's the real question if I get him to agree on that can I get a mortgage for the hundred thousand dollars I will pay for the $20,000? And also pay him off for the house?

Mike S. I am aware that it could be possible flip. I know for sure he selling it due to the for sale by owner sign in the window I reached out to him a couple months before he even put that sign up he said he was going to just update it for a college rental. But I spoke to him on a regular basis or by weekly and he said he ran into other properties that were more prioritize than this one. If I approach them on the owner finance aspect of it, how would I pay for the rehab is what I'm trying to ask? Is it possible if I do owner finance take out a personal loan of some sort and then put that into a mortgage if that makes sense?

Hello BiggerPockets forums, I need help on a couple of these questions if you have any tips or advice please help don't hesitate to comment or suggest a method on this. So I'm going to reach out to a possible owner financed property, I've seen inside the property already it's a two bedroom full house offstreet parking. Now I want to obtain the property to live in but there's a dilemma. He started gutting already and also it's not much work new floors, new cabinets so on so forth. We're looking at about 10-15k in repairs. So what are some tips to approach the owner with a owner finance contract? Also how would I be able to financially support updating what he had gutting. So please anything helps .

Eric Waterman what would be the process for both ? Also what's the difference as well ?

I live in central Jersey and i wanna know the process of obtaining tax delinquent list withing the central Jersey area. Anything will help?