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All Forum Posts by: Terrell Murray

Terrell Murray has started 8 posts and replied 31 times.

@Account Closed

My base of operations would be out of Cambridge Md but I'm interested in all the surrounding counties Talbot, Dorchester, Wicomico, Somerset, Sussex ect... So if you and your friends are interested I'm eager to work with anyone and to learn.  

@Brian Buchanan

My plan is to start of wholesaling but I wouldn't be opposed to doing a flip and I would like to build a rental portfolio. In this area its better to rent to older people, more reliable from what i'm seeing plus they tend to stay longer. Where and when do you plan to relocate?

@Lamont Marable

Would love to hear any advice of your experiences as a real estate investor in this market.

Post: HUD property with escrow

Terrell MurrayPosted
  • DelMarVa
  • Posts 32
  • Votes 3

@Wayne Brooks

Thanks for your response 

Okay, so I have to bring the $3k to the deal ?

Post: HUD property with escrow

Terrell MurrayPosted
  • DelMarVa
  • Posts 32
  • Votes 3

View report

Hello BP Im looking at a property that is HUD owned, I have no clue how this would effect the deal. Also it says its $3k in repair escrow, i'm not sure what that means really.

Anyone with some experience with purchasing one of these properties please give me your input. 

*This link comes directly from our calculators, based on information input by the member who posted.

Hello BP my name is Terrell Murray and I want to start investing in the DEL-MAR-VA area if your not familiar its the Delaware, Maryland and Virginia peninsula. Mostly rural areas with small towns but I'm sure its plenty of good deals to be made in this area. If you have success in this area please reach out to me I'm looking to pick your brains and also make connections.

Over the last few weeks I've been putting together leads and analyzing deals, if your in this area and you are looking to invest, buy and flip, buy and hold or whatever specialty you have please reach out to me and let's talk.

Again I'm new at this and to the area, I'm not looking to make a killing I would love the experience of completing a few deals and building my business from there. Looking forward to hearing from you guys, Thanks in advance. 

Post: Help me analyze this deal Please.

Terrell MurrayPosted
  • DelMarVa
  • Posts 32
  • Votes 3

@Aaron K. 

Thank you, I appreciate the advice.

Post: Should I do a Subject to???

Terrell MurrayPosted
  • DelMarVa
  • Posts 32
  • Votes 3

@Jason Dillard Thanks for the information.

Post: Should I do a Subject to???

Terrell MurrayPosted
  • DelMarVa
  • Posts 32
  • Votes 3

I will try to make this short

My Aunt passed during the renovation process of her home, my Grandmother inherited the house and the renovation price tag of 70k, she is currently paying a low payment of about $170 a month. I don't really know how the renovations came up to that because I don't see where a dime of that money went at all. But anyway, I was looking into subject to's and I believe I understand it. I would like to have the house in my name but would like my Grandparents to remain in the home, would a subject to make sense in this situation ?