All Forum Posts by: Francisco Hernandez

 Just google "fund and grow". Ive had bad experiences posting links in other forums. 

 My advice would be to find really good data and focus on one niche. Try to get good at one particular type of seller first. Are you targeting foreclosures? probates? divorces? Expired listings? all good sources but in the end you need to focus on becoming good at converting a particular type of lead. Postcards can work, track your numbers, be specific with your data, have a process in place on how to convert these leads and you increase your chances. 

 You can buy a home for 0% if you really want to. You just need the right negotiator/investor. You may not get exactly the house you want because your options will be more limited but this can be done.

I wouldn't necessarily let go of that 2.5 interest rate. This is valuable and many creative investors are looking for mortgages like this one maybe you can negotiate this and walk away with extra cash for your next home. 

It's all relative. In the end you just need to know what you are trying to accomplish first THEN find the solutions for it. Reach out if you have any questions. 

Plenty of mentors in here. You can take Real Estate as far as your body will allow. Looking inward and trying to find your motivation would be more efficient and effective because that is what will get you through your slumps. Networking as hard as possible and focus in one skill for at least 6 months before moving on to the next thing. 

 Fund and Grow is what most people use in my circle. It works. They negotiate everything for you depending on your credit profile. They tell you upfront what they can get before you accept their service. 

Postcards are cool. Here's a few tips. 

Try to network with other wholesalers to see how much volume you need, what type of postcards and how competitive each market is. 

Have a process on what you are going to do with these leads. 

When offering a seller options you are selling speed vs convenience, do they want to move on fast? cash offer for less. Do they want top dollar? go in the MLS and wait for the right buyer.

Hope this helps. Anything else reach out. 

 My partners consistently help commercial investors with their transactions. We love commercial transactions as the funds are usually safer than with single family investors. Reach out if you ever need help. 

You can make money on empty lots but this is the method (summarized, of course): 
1. Find developer buyer who is looking for more projects. (how? networking) This in itself will take time because no one likes to build a large network without getting paid. 

2. Find at least 5 good ones or 20 that are buying from time to time in a particular area. 

3. Find something in their buy box. Get it under contract for a good price with a spread and assign it to the buyer so you can make money on the spread. 

Extended holding of an asset without a potential buyer is very much holding on to hope. You don't have a buyer. You don't have an exit. Why are you investing money in something if you don't have any exits? Let me know if that makes sense. 

 It's simply a way to help a seller when nothing else works. It doesn't work for everyone and it's definitely NOT for everyone. Cash deals work best and that is always and should be always the first option. But let's be honest, how many times have we seen sellers stick to their price all the way to foreclosure? Subject-to is the only way they can have what they want if the numbers make sense. 

 Plenty of free contracts online that are great for all states but you may have to sign up for their newsletter etc. Flip with Rick, Jerry Norton, Brent Daniels and Jamil Damji all have great free contracts you might just have to sign up for their newsletter or something along those lines.