All Forum Posts by: Guillermo Vladimir Robles

Hi I'm looking to do my first real estate deal preferably an on market wholesale deal in Southern California but don't know where to start or the process that goes into it. I want to partner up with an experienced wholesaler to show me the ropes I have around $1,000 to invest into EMD but need to be able to come up with a soft proof of funds. I am willing to put in sweat equity. Please let me know if you are interested in working with me. Thank you, have a great day.

Can you wholesale a deal that is being advertised on the MLS that it has to be done via a Quitclaim Deed?

What are some ways to borrow $6000 to get in using only opm?

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Hi, I was wondering if this would be a deal in California.

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Does anyone know how much it costs to do a heavy rehab per square foot in Trona, Ca? It's in San Bernardino County. Thanks.

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I was wondering how I get a proof of funds letter to show a real estate agent if I'm trying to wholesale on market or seller finance if they don't take a low-ball offer. Also do I need to put down earnest money and a down payment if doing seller finance? 

I found a deal listed for $350k house zoned as a LAR2 in decent shape with an estimated ARV of $524k I don't think there is enough room for profit for a wholesale opportunity because it's priced at only 67% ARV and I want to be cautious and use the 70% rule. I think it might make for a good rental and have no money. I was wondering if a private money lender would fund the purchase and possible building of the additional unit. I am also wondering what to say to a potential private money lender, being someone who has never done a real estate deal. I am also wondering wether to talk to the seller first or secure financing first.

Any advice would be welcomed. Thanks.

Happy Halloween!

I found a condo that has no HOA supposedly is being estimated at between $419k-$582k and is selling for $324k I was wondering what to say to the listing agent (whose realty company is listed but not her phone number) because I see this as a wholesale opportunity.

I bounced some ideas off the person I first go to when deals come up and he said that condos are a no go for him because someone he knows told him never invest in condos and also, he brought up the objection that if the building last sold a year ago for $325k and its being listed for $324k there must something wrong with it because the owners just want their money back.

Any advice would be welcomed in regard to this deal and/or advice on getting your first deal done.

Thanks. 

Have a wonderful day.

I found a property on an MLS service in south Los Angeles priced at $425k and with an estimated ARV of $699k. I have about $1k to make this deal work and I calculate about $35k in repairs. I want to potentially wholesale or do an Novation agreement because I wouldn't want to buy and hold there. I haven't talked to the listing agent because I wouldn't know what to say. Any advice on cementing a deal like this would be appreciated. Thanks.