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All Forum Posts by: Florine Sanchez

Florine Sanchez has started 1 posts and replied 5 times.

Post: Are For Sale by Owners- Notes still profitable in today's market

Florine SanchezPosted
  • Real Estate Professional
  • Dallas, TX
  • Posts 5
  • Votes 0

Wow! This is a lot of information on Seller financed notes. I'm tiring to figure out how to start and where to learn. Thank you @Tim Fitzgerald for the example of the manufactured home. Believe it or not, that is one area I wanted to corner in the Note world. @Tracy Z. Rewey great information about FSBO's. You are right, I'm sure the average FSBO would need a lot of hand-holding and most would prefer the buyer to be pre-approved for a loan before negotiating the sale of the home. Thanks, @Jay Hinrichs I appreciate your years and knowledge as well.  I'm not sure what "good solid performing paper" so if you could just share a little info on that I would appreciate it. 

Post: Are For Sale by Owners- Notes still profitable in today's market

Florine SanchezPosted
  • Real Estate Professional
  • Dallas, TX
  • Posts 5
  • Votes 0

I appreciate everyone's feedback. I still like the idea of brokering Seller's carry back notes. I will need to do some research on the competition before really diving into this field. 

Post: Are For Sale by Owners- Notes still profitable in today's market

Florine SanchezPosted
  • Real Estate Professional
  • Dallas, TX
  • Posts 5
  • Votes 0

Hello Note Experts, 

I'm currently trying to look at different career paths dealing with real estate. I was wondering if there is still a thriven market for FSBO Notes?

I'm seeing people are obtaining traditional loans for the purchase of a home since interest rates are low. Which makes me wonder how the market is for obtaining and selling Notes are. 

Any feedback will be appreciated. I'm currently looking to become a licensed RE agent but I still on the fence about that. I have always been fascinated by the thought of wholesaling FSBO Notes, so before making a big investment in becoming an RE agent I just wanted some feedback.

Post: Wholesaling???

Florine SanchezPosted
  • Real Estate Professional
  • Dallas, TX
  • Posts 5
  • Votes 0

Thank you @Brett Snodgrass and @Glenn D. I appreciate your time and your expert advice.

I'm already a member of the Dallas REIA group. I'm currently running small ads in the local city paper and have a window sticker " I buy houses". I'm also driving for dollars on the weekends because I have more free time.

I don't pay attention to negative stuff. There will always be people who will try to bring others down. It's just up to you to brush them off and keep moving forward. 

Post: Wholesaling???

Florine SanchezPosted
  • Real Estate Professional
  • Dallas, TX
  • Posts 5
  • Votes 0

 @Glenn D. @Brett Snodgrass   How do you go about finding a mentor? I'm currently trying to learn and do wholesaling as I go. But I would like to have someone I can be able to communicate about wholesaling issues when I run into them. 

I'm currently driving for dollars and using a notice of trustee list to find sellers. I already have a buyer list, so now I just need to bring the deals.

Glenn D. Investor from East Grand Forks, Minnesota