All Forum Posts by: Andrew Ruelas

You need to know how much equity they have and their age before you even think about seller financing and very unlikely on the MLS. And how are you estimating rehab with no photos. If you are interested in it, go see it. Running numbers and seller financing prophecies before you see it or find out the details through your agent to their agent is a waste of your time.

Thank you for feedback!

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How likely would someone on the mls be willing to do seller financing? Do I still need down payment?
Example-

1b/1b 600 sqft listed at $109500

No pictures of the inside, so I’m estimating rehab.

Estimated purchase $75000

Rehab $2500-10000

Rent 650-850

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I just have to say I’m not ready to buy, but how low of a lowball offer is too offensive?

1 Vote

My primary is steps away from UOP. I don’t have any rentals yet, building capital. But my route is near the center of Manteca, lots of affordable housing.

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Hello, I’m a complete newb to the real estate investment world. I’ve listened to countless podcast/YouTube videos and I’ve read some books. Just purchased my first primary residence in Stockton, Ca.

I’m a mailman in Manteca, Ca. I see tons of what appear to be vacant or visually distressed properties on or close to my route. I wanted to know if y’all be interested in them, of course some of these could be yours.

1 Vote

All Forum Posts by: Andrew Ruelas

Andrew Ruelas has started 4 posts and replied 6 times.

Post: New deals, current projects?

Post: Hello, Is this a bad idea?

Post: Hello, Is this a bad idea?

Post: Making offers to overpriced homes

Post: Hello all, I’m new here from Stockton, Ca

Post: Hello all, I’m new here from Stockton, Ca