All Forum Posts by: Julio Velazquez

Hello BP,

Does anyone have a good reliable contractor in the new Milford / Brookfield area in CT?

Looking to start flipping and need a good vetted GC.

@Ryan Freet Thank you I’ll keep that in mind. I have heard that on a BP podcast episode that cheapest isn’t always the best.

@Ryan Freet Thank you, that’s my biggest concern the repairs cost. I’m trying to analyze at least 2 deals a day. Was getting stuck because sometimes it seems the numbers could would based off of my estimated rehab cost. But then I get to thinking if they would work why hasn’t someone else taken this deal. So that’s why I posed the question. Your answer does give confidence so thank you.

@DJ Harris that makes perfect sense, I recall seeing a video where that same scenario was being role played.

@Monica Breckenridge understood, I was listening to BP podcast and they mentioned “subject too” that’s why I asked about the clause. On a sub2, how does the seller benefit?

@Mark Durham will do thank you

@Mark Durham Understood, for seller finance what tips do you have and how do you offer it? Do you give them multiple options how do you usually present the offer and thank you .

@Mark Durham and these are “subject too” as well or 100% seller finance? What advice or tips can you give someone like me looking to do a seller finance how do you typically present the offer?

@Monica Breckenridge with the “ subject too’s” how do you avoid the clause where the bank ask for the full amount of the loan for any given reason?

@Monica Breckenridge Wow very impressive congratulations on your success thus far and may you continue to have success.

When doing it this way, you just structure the deal where they get paid and the mortgage gets paid as well correct? How does the interest typically look on these deals I understand it’s usually deal by deal case.