All Forum Posts by: Cristian Alcaraz

Okay , sounds good I apteciate your input. 🙌🏽

@Grant Rothenburger  thanks man I'll look into it more .

I started as a wholesaler, and done 3 deal so far in 2months doing cold calling from lists I’ve got. I’m clueless when it comes to the process of getting a home for myself to flip though? Considering I usually offer cash offers as a wholesaler and the buyer ends up paying . How can I re move the buyer and purchase it myself ? Questions : -Do I put the home under my name or LLC ? -If I don’t have full cash to buy the home do I have to get a regular loan ? - I’ve known others have multiple properties at once that are getting flipped; but I also know their not their personal funds , so is one able to get a loan to purchase multiple distressed homes ? Im confused in a lot of ways, any advice or article or book or YouTube video if can’t give me full answers? Honestly anything will help as I wanna be a full time wholesaler/ flipper .

I started as a wholesaler, and done 3 deal so far in 2months doing cold calling from lists I’ve got. I’m clueless when it comes to the process of getting a home for myself to flip though? Considering I usually offer cash offers as a wholesaler and the buyer ends up paying . How can I re move the buyer and purchase it myself ? Questions : -Do I put the home under my name or LLC ? -If I don’t have full cash to buy the home do I have to get a regular loan ? - I’ve known others have multiple properties at once that are getting flipped; but I also know their not their personal funds , so is one able to get a loan to purchase multiple distressed homes ? Im confused in a lot of ways, any advice or article or book or YouTube video if can’t give me full answers? Honestly anything will help as I wanna be a full time wholesaler/ flipper .

Appreciate your reply ; I will take that into consideration. I see you live in Anaheim , you have a social media I can follow you . Maybe meet up .

Want to buy my first 4plex under a first time home buyer loan , I figured I rather buy that then a regular home. Any Tips and advice on what to look for when it comes to A 4plex as an investment. And things I should be careful that may be signs of bad investment?

Originally posted by @Larry Turowski:

@Cristian Alcaraz To wholesale?  You need to know what your buyers will buy at--your serious buyers, not tire kickers.  I think wholesalers who do a lot of deals have identified buyers that will pay a little more than the average cash buyer.  There was a wholesaler on a  BP podcast--I forget which one--where a wholesaler said he had a buyer who would pay 80 cents on the dollar all day long, where most buyers would want to pay no more than 70 cents on the dollar. 

Well since im fairly new to the industry im still trying to get a house under contract to whole sale , which is why im concerned when i do find a motivated seller i wont know exactly how much to buy the property for or negotiate the final price for it. So im wondering if there is any good way or system to that i can learn to Value a home when i do get a motivated seller.

I’m wondering what’s the best way to know how much you should buy a property. For example, My market is usually in the high 500k. How can I determine how much I should buy the property for cash. What’s recommendations do you advice for me to value a house to be able to negotiate with seller and make profit .