All Forum Posts by: Tam C.

Hey all,

Thank you all for the advice. I appreciate the time you've taken to respond.  I have learned some things I didn't know before. However, after re-reading some of the responses I think i may not have described my intentions clearly when buying the properties and so got some shocking responses about my integrity. I think my excitement over posting my first question on the forum made me trigger happy and I did not clarify my original post.

In no way did I plan to contact the seller personally on properties I've already seen. I thought the right thing to do was wait until the seller's contract was over, before going to see the property in person and then negotiating. But since I saw the property online through the hard work of the listing agent as @Bill Gulley and @Dev Hornmentioned, I see things in a different light. Thanks again for sharing your time and insight! 

TC

@Bill Gulley - Thanks for the advice. I realize how much more I need to learn. :)

@Dev Horn - Thanks for the advice and for setting it straight. I will definitely think this over.

Thank you for the advice!

Hi gurus,

I wanted some advice on how I should buy some investment properties listed on MLS with the intention of using seller finance. I have looked at a few properties already with my buyer's agent with the intention of using conventional loans at the time, but my strategy has changed to find deals where the seller can finance.

 I figured both seller and buyer could save on the fees by cutting the middle men out. All the properties we've seen so far have been through my research.  I read in a book that I should contact the owner directly and ask if he/she would like to work out a deal, but wait until their contract is up with the listing agent; however, I feel I could be losing on some deals by waiting. 

So my questions for you guys are:

1) How do you go about viewing the properties listed on MLS if you don't want to use an agent, but still try to buy with seller finance?

2) If you have gone to see a property with an agent how did the agents get paid when you decided to do the seller finance route?

Thanks in advance!

TC

Hi Tiffany,

I'm looking anywhere in the North Penn and Souderton Area school districts.  No township in particular as long as the schools were good. How's the rehabbing coming along? Are you flipping the house or are you going to rent it out?

Hi Tiffany, Yeah, there's not much around here in our area, but I'm hopeful. I'm mainly looking for SFRs or multi-units. Are you currently looking too?

Hey Michele,  I'm currently looking in the Montgomery County areas for properties under around 100K

Hi All,

Thanks for the welcome! Participating in the forum has never been my forte, but I will try to do my best and become more involved! There's so much information out there that I've been trying to read, I haven't been on here lately, but I hope to hear from you guys soon.

Newbie from Pennsylvania looking into this new world of Real Estate Investing looking for financial security. I'm mostly looking for investment property to buy and hold.