All Forum Posts by: Stephen Chatto

Price Reduced!

Here is a link to Some More Photos: https://drive.google.com/drive/folders/0B-3X7E4CY8iCTGgxdGNzQl83REE?usp=sharing

We Just dropped Price to 69,250.00

 7:30 Is fine...   We will be going until about 8:45-9pm

@Jaago Viitkin - We do a lot of deals in Trenton.   Feel free to give me a call or shoot me a PM

@Jaago Viitkin - That's Great!  I personally have not found a way to feel comfortable doing the Owner Financing to End Buyers in the great state of NJ.   I am told that one would need to have a professional underwrite the loans, and process everything correctly.   There would need to be A LOT of equity to make me feel comfortable.   And if you need to make sure they qualify, why not just let them get a regular loan? I mean mortgages are only like 4% anyway...   Cash out and lend that money to an investor at a better rate!

Speaker: Mike Moreken

Properties, liens on properties, how tax lien holders make money on them. Note buying and tax lien investing is not totally passive. Tax liens are not! Paper work intensive. Similar to note buying we do not have to deal with tenants.

Learn how tax lien and deeds work across the nation. Most of discussion will be on NJ liens where guaranteed rates on subs are 8 or 18% as set by NJ law. Tax lien strategies will be also covered.

Here is a LINK to the Meetup.com Page

Event will be held at the Office of:

Good Vibes Real Estate Solutions
354 S Broad St
Trenton, NJ 08608

Thanks, 

Stephen Chatto

Jaago, Are you owner financing to an occupant or an investor? There are two different sets of rules. If you are owner financing to an investor maybe it can be done as a LLC, and if they don't pay they lose their interest in the LLC? Don't know if that's legit so ask an attorney, but I am thinking outside the box.

I like Sterling Title Company in Mercer County NJ.   Most title companies can handle what you are doing.   Surety Title is a bigger company we have worked with.  

All the information is out there.   Just start learning and take action.  

I market to this list.   I need to Physically go to the courthouse weekly to get the list.  :(  Increase effort to get = Less Competition.