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All Forum Posts by: Mario I Fernandez

Mario I Fernandez has started 5 posts and replied 120 times.

Post: How to find an internship

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Yana,

You can find tons of brokerages that can take you in but you need to look for one that provides with you are looking for. Some brokerages are more investor friendly than others so you have to decide which way you want to go.

Also, I would like to recommend the @David Greene book series for realtors SOLD, SKILL, and SCALE. They are super good starting point for new realtors and what you need to do each step of the way including how to pick a Brokerage.

Hope this helps.

Post: Access to MLS! Looking for Off Market Properties!

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

If the property on the MLS then is on the market(MLS is the market) as other said before you can see them on Zillow, Redfin etc.

If you want properties off market then you should talk to your local Wholesalers or you can find them yourself. That's the best way to get the best purchase price for an investment. 

Hey Woojin,

You can find lenders investor friendly under BUILD YOUR TEAM top menu. You can call them and talk to them to see what they can offer and what suits you.

Also, you should get pre-qualification before you sent any offer since, the seller will ask for a pre-qualification letter or proof of funds(POF) in case you are buying cash to be sure you can purchase the property.

Regarding pulling your credit, it will depend on the lender. Some of them do it one time and others a few times during the transaction that's why you need to shop around to the what they offer.

WOW sounds like a good investment.

Post: DTI on FHA loans

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Yes, definitely you can buy 3-4 units property with a FHA loan.

Also, as an investment you could use other options such as a DSCR loan.

Hey Josh,

It is hard to accept but there is no such thing as the perfect deal.

There is something that at some point will go south, either financing or rehab work.

But you can minimize these with experience and jumping in. 

The more you think about it the less action you will take because you always will find the "BUT.."

Post: Just Closed On This Property

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

That's Amazing!

Do you mind to breakdown the finances and profits?

Post: Wholesaling in Miami

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48
Quote from @Justin Linares:
Quote from @Mario I Fernandez:

Hey Justin,

The fastest way to succeed in anything is to get a mentor.

Why invent the wheel when you can drive the car?

Benjamin Toaff is a killer wholesaler you can learn from and he is local in Miami.


Oh ok that's cool is there any way I'd be able to connect with him, can I meet him in a social real estate event, or something? I'd love to have a mentor to catapult me in my journey. This summer I'm willing to work every hour I have.


 Yes look him up on IG he is very active.

Post: Buying my first property!!

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Gabriel,

The best way to analyze a deal is with Bigger Pockets calculators!

On the top menu under Tools, you can find the calculators.

Post: Introduction of a newbie

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey @Joseph Thompson,

Welcome to Bigger Pockets Community!

You are in the right place to start your journey.

If you are in San Diego maybe you want to connect with @David Greene@David Greene