All Forum Posts by: Joy Garcia

hi Ted and Bryan and Gretchen 

sure Chris let me know

Hi all . My name is Joy, I'm new to real estate investing starting out with wholesaling I've done 2 deals so far and very excited about getting into fix and flip then on to buy any hold.

yes they know I'm wholesaling it, she is a friend of a friend never was on the market and is a great deal.want to try my luck with trying to get a buyers list from it. I am hoping to meet some general contractors, agents, investors, maybe even potential private lenders this way. Hoping  for the best. Thanks for the advice. Just needed to know legal aspect. 

so would I need the owner to sign an agreement for an open house. Btw I'm not a licensed real estate agent. 

if you have a property under contract that is assignable can you hold an open house for investors?

thanks for the response we got this done with another title agency with not issues at all 

thanks another title agency confirmed that you can do this with a trust deed and promissory note said other agency must not want our business 

it is a flip I was told that if he was not a family member or a licensed mortage broker that he can only be the owner of the the property not a lien holder which he doesn't want because that ties him personally to the property. I'm going to speak to an attorney this afternoon but thanks for the response. I don't t this is correct either.

we were ready to go with a signed purchase agreement, rehab estimates, a lender on board at 65% loan to value at 6% interest rate. We walk into our title company and was told our lender to get a 1st position lienholder position he had to be a licensed mortage broker. Has anyone ever heard of this. I had put 2 years into researching and being mentored by a flipper who doesn't know because he uses his own money no private funds, I have been researching this no luck with that. My 30 day purchase agreement is almost up and my lender will not do an unsecured promissory note. HELP