All Forum Posts by: Felix Rivera

Question, how do you get comps from a out of state home,any free sites ?.if you get it under contract,do you have to find a title co in that state? I never done a virtual wholesale out of state !

0 Votes

I am interested in the Deal machine app. Do you recommend it to others ? How does it work ? Thnx.

0 Votes

Originally posted by @Gabriel Esparza:

@Eric Crump I work out of San Antonio and wholesale. The DealMachine app has been a God send. It's easy to use and I have connected with a good amount of sellers in my market. I like it better than traditional mailers because of the photograph of the house you are targeting.

I have locked up one deal off the application and have offered in person on 2-3 other deals. I have been called by a little under 10 sellers that were not interested that I just remove from my list. I only have 200 mailers out and consider the conversion ratio to be very strong. The one deal I got will profit me enough to pay for the application for 2 years.

2 Votes

How can you find out the equity of your home ?

0 Votes

Let me know if you want to Invest some of your money in NY. We have great deals with great profits!!

Flexmaster3773.com

0 Votes

Thank you all for your advice. I think im going to put it under contract and wholesale it out.

0 Votes

I found a home in my area. Beginning of a short sale. She owes the bank $121k. ARV $220-240k. Its not listed yet but the realtor called me and told me about the deal. She said if i would buy this house that she would owner finance. My question is, my credit isnt great. I contacted a Private Lender. They charge 3 points and 11%. Is that too high to have a loan for the long run or can you refi after a couple of yrs ? I dont know if i should put it under contract and wholesale it out, Rehab would need like a new kitchen and cosmetic things in the house,nothing major. Any advice plz, Thnx.

0 Votes

All Forum Posts by: Felix Rivera

Felix Rivera has started 10 posts and replied 35 times.

Post: Multifamily In Brooklyn

Post: What's Your Main Obstacle in Buying an Apartment Building?

Post: Foreign Investor - How I turned $500K into $2M

Post: Virtual wholesale deal

Post: Deal Machine App Beneficial

Post: Deal Machine App Beneficial

Post: Equity on your home.

Post: I have $55k and want to invest, newbie needs help!

Post: Using Private Lender for the long run !

Post: Using Private Lender for the long run !