All Forum Posts by: Jessica Rodriguez

what are the pros and cons of targeting real estate owned by a trust?

what resources can be used to find home owners who are upside down on mortgage payments, recent divorces, pre foreclosures, basically a pool of motivated sellers to market too. 

Ok, thank you Antoine, are their any other methods?

I have different homes I'm trying to get under contract and I want to figure out the ARV. Or the most accurate way.

I know ARV from what the surrounding homes were sold for. Completely updated surrounding homes 130. Homes being sold as is 100. The house is listed for sale for 60% of the ARV but needs completely new roof, bathroom overhaul, paint, updated fixtures, landscaping. Other investors have seen the product as is with a 73000 dollar price tag. I don't. I want to bring the seller down so my investor will be looking at 30000 profit. I just wanted various input just in case I was missing something from more seasoned investors like yourselves.

Comps using the mls?

I have a a motivated seller who is going to take highest bidder by Monday. 3 bed 2 bath 1500 square feet. Home is near an elementary, walking distance from grocery and parks. Home needs new roof, one bath completely re done and doesn’t have central air. The county has the home assessed at 120,000 for year of 2017 but owner is asking 73,000 on Zillow. What would be a fair offer all things considered. 

I have a owner who wants to get rid of a home but they still owe money to the bank, how does that work?

As a wholesaler, when you find a promising property and it is owned by a bank or is foreclosed or pre foreclosed, how do you go about approaching the owner or closing the deal?