All Forum Posts by: Daniel Choe

Hi BP,

I've got a mobile home under contract and looking to wholesale it. However, management will only allow buyers who are 55+ to purchase.

Is it still possible to wholesale this deal?

Thanks in advance!

Kind Regards

Hi, I'm looking to purchase a subscription as well. Does skiptracing usually include cell phone numbers as well or just landline?

Hi,

Does anyone have any experience in wholesaling pre foreclosure homes in SoCal? If so, could you explain the process in relation to wholesaling a non preforclosure home?

Thank you in advance!

What's the best way to negotiate a MH which includes a land lease for 15 years? Because the MH itself is fairly cheap in the area I'm looking at.

@Robert Padilla I spoke with an attorney and learned that the EIN description is pretty much insignificant and that "Real Estate" was just fine. However, when applying for an LLC the description should be more detailed.

Would wholesaling be under "real estate" or "other" when signing up EIN?

Hi, I was just wondering if anybody has created an EIN number for their LLC regarding their wholesale real estate business. I'm particularly stuck on the portion asking for "describe your business." I see an option for "real estate." But realize that I don't have a real estate license and don't want to be in a sticky situation. Should I classify under "other?"

Any advice would be helpful, thank you so much!

I apologize if this is a stupid question. I was just wondering what I should describe my business as when setting up an EIN for my LLC. Should I categorize it as real estate or other?

(I do not have a real estate/broker license)

thanks for the warm welcome! @Jill DeWit

Hi everyone. My name is Daniel and I've just recently come across Bigger Pockets. I am both amazed and overwhelmed by the amount of knowledge and wisdom that lives here. I am starting my wholesaling campaign here at home in Southern California and going to my first REIA group this Wednesday. I'm looking to make connections and one day be able to provide value to other members as well.

My inquiry about contracts: Where is the best place to get a P&S contract and Assignment contract? I've downloaded a few different templates online and thinking of meshing a few of them together with a real estate attorney.

Side note: I've read on the forums it's better to have a lot of contingencies and not use them in addition to having an addendum in case the seller decides to present their own contract. 

Any thoughts or comments are helpful, I'm emphatic about learning so thank you so much for your time and input.