Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Adam Weinstock

Adam Weinstock has started 11 posts and replied 21 times.

Post: Off Market Flips, Rentals, Teardowns

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Looking to connect with investors, contractors, or anyone also looking to do some deals together! I'm direct to seller on 20-25 off market properties per month and currently have block homes in Clearwater, Largo, St Pete, Hudson, and South Tampa. Let's do some business!

Post: Seeking Advice: Using a Cosigner for Fix & Flip

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Hi David. Curious, how many other lenders have you talked with besides this one private lender? Lender requirements will vary not only from lender to lender but there will also be a difference between a lender that loans private money and a lender that brokers the loan out. I always recommend having a few in your back pocket. If the loaned funds are private, qualifying may be easier. However if the loaned funds are brokered, there may be more stringent guidelines. Not a bad idea to ask your lender if it's private money or if it's brokered out. Lenders will typically tend to want an LLC for purchasing. And I've seen documents be drafted for signing rights to the property by title (not a comprehensive agreement of compensation). As far as negotiating that compensation, whatever makes it a win-win situation, probably want to get that in writing but I'm not an attorney.

Post: Purchase and sell agreements

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Based on the question, I assume you're asking from the perspective of trying to wholesale? In my experience, wholesalers tend to use or create their own individual contracts that the flippers will sign, and separate of the contracts they have signed with the seller. While I see wholesalers use their own contracts, most real estate agents prefer to use the FAR BAR contract as it covers many more variables and is a far more comprehensive agreement. When I've done work with wholesalers, I find it most streamlined when they use the FAR BAR contract as well. If you're a licensed real estate agent the FAR BAR can be downloaded from the MLS. If not, might help to have a real estate agent contact

Post: Off Market Properties For Flip or Rent

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

@Branden Jordan, sending you a PM!

Post: Off Market Properties For Flip or Rent

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Hi  @Josh Green, I'm with Networth Realty, are you currently working with anyone in my brokerage?

Post: Looking for Wholesalers in Florida

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Hi Ursula - I come across many off market properties here in Tampa / St Pete and would love to help in any way I can. 

Post: Off Market Properties For Flip or Rent

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

I'm a licensed agent with off market properties currently available in New Port Richey, Tampa, and St Pete with more on the way.

Whether you're an experienced investor or looking for your first flip, I can help you continue to progress in your real estate career. I can also help get you set up with a reliable hard money lender as well as contractors, electricians, plumbers, etc to help grow your team.

Give me a call or send me a text if you're looking for your next flip or rental!

Post: Off Market Properties For Flip Or Rent

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

I'm a licensed agent with off market properties currently available in New Port Richey, Tampa, and St Pete with more on the way.

Whether you're an experienced investor or looking for your first flip, I can help you continue to progress in your real estate career. I can also help get you set up with a reliable hard money lender as well as contractors, electricians, plumbers, etc to help grow your team. 

Give me a call or send me a text if you're looking for your next flip or rental!

Post: Looking for hard money/private lenders who work with first time investors suggestions

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

Hi @Tyler Lucas,

Welcome to the exciting world of real estate investing! What kind of lender are you looking for - ie conventional, hard money, etc? It never hurts to have multiple lenders in your back pocket that you trust, my brokerage has an in house hard money lender but I also have a few others from past deals as well. I have also dealt with other lenders that could not perform or had stipulations that inhibited the closing process. 

One piece of advice I would suggest is not to get sucked into the points/interest as the sole reason you choose a lender. If you can see a prior HUD from a deal, ask for one. I can't tell you how many times I'll see a quote for low points and interest and then the lender tacks on additional fees that doubles the points on the loan. On the flip side, actually having low points and interest doesn't mean anything if the lender can't even perform on the loan.

Feel free to connect if you have any questions!

Post: Tampa / St Petersburg CASH buyers - I have 8 off market properties we can tour today!

Adam Weinstock
Posted
  • Real Estate Agent
  • Posts 30
  • Votes 17

@Luke Rorech Weekly - are you looking for properties for yourself or clients?