All Forum Posts by: FRANK DARIENZO

Yes me toooo!! I would like to do my first deal asap!!!

Great Info Chris...except discarding the reo's , There has to be a way of working those leads-short sales?

Ok, I am driving for dollars, and I have a list of addresses. I research them using the tax collectors website, and get the owners name, which a lot of times is a bank or fnma. What do I do next step by step for all of these vacant homes? What is the best and cheapest way to locate these owners that have abandoned the properties.

Ok, so I start my marketing campaign and as I weed thru the leads, I find that the only way I could help them, is to try to get them an approved short sale. Recent changes to the short sale process, such as 30 days for a decision, make this a much better situation for us the wholesaler/investor. Question is..... What is the best way to go about offering the short sale solution? Just hand it over to a qualified agent/ negotiator for a fee? Have a short sale packet ready to go to give the homeowner, and do the negotiations? Please help-Frank.

Thank you all for your advice-ok wholesale and short sales. What is the best way to go about the short sale process? Involve a agent to negotiate the sale? Provide mu seller w/ a short sale packet , then forward to an agent? Just refer to a short sale negotiator for a referral fee?

Hey all, to be a little more to the point......I want to have multiple strategies avail to use when talking to motivated sellers. I understand how to go about flipping reo properties, which will be a small % of the deals. It is a little more of a headache when coming up with a wholesale package to use with those that are in ugly/ or pretty houses that need to sell now. If a person calls me and has no equity, and owes quite a bit still on the mortgage, is there a strategy to use such as lease w/ option to buy. The due on sale clause is a problem, but it looks like lenders are not exercising that-do you agree? This is an issue in my area of tampa bay, lots of pre-foreclosure activity, plenty of vacant houses.

Ok, so here it goes. I want to get going wholesaling properties. I have 100 local area investors/rehabbers on my buyers list. The problem I have is , what are the best exit/investing strategies to use to start out w/ little money and no credit. I have a ton of e-books and forum posts, about wholesaling and the multiple ways to move properties. I just need a little more assistance on what strategies to have ready to go before I start putting out my "we buy houses" signs or leads from my squeeze pages. I want to be able to offer solutions to these motivated sellers, and not leave a bunch of money on the table, or throw away deals.... I am looking at off market sellers, and reo's. exit strategies are short sales, lease options, wholesale to rehabbers, wholesale to retail, (Double Closings)what about underwater homes??? Please provide me with some guidance , so I can move forward.