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All Forum Posts by: Muhammad Saleem

Muhammad Saleem has started 11 posts and replied 56 times.

Post: Need advice on my wholesaling deals

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Thanks for your input. I got the idea. I am going to start some good campaign o find motivated sellers.

Post: Need advice on my wholesaling deals

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

I have a wholesaler with deals under contract with him in Detroit area. I can negotiate lower price with him for my cash buyers. I need advice how to structure these deals to make money for me?

Post: My first visit to see a seller. Need advice.

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Hi BP community,I

Today I went to see my first deal in Detroit area MI. House is in very good condition from outside with 2 years old roof. Brick house.

But inside need a lot of repair work. With garage, basement. My inexperience guess is repair for 12k to 15k required. Flood affected house.

Comps say. Neighborhood houses were sold for 25k-30k range. For rent, 750-800 monthly rent from similar houses in neighborhood.

Please advise what should I do?

Post: I need help in my first wholesale deal please !!!!!!!!!!

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Thanks everyone for your advice. I appreciate it a lot. 

Post: I need help in my first wholesale deal please !!!!!!!!!!

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

@michael Lee

Thanks for your advice. Do they provide their PA and assignment contract or can I use mine. Mostly their PA is 5-7 pages long. 

Post: I need help in my first wholesale deal please !!!!!!!!!!

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

I have a property in consideration. Seems a good wholesale deal but I do not have any title company which is good for wholesale deals (in Wayne county, MI or nearby). At what stage I need title company to be involved in a deal or can I wholesale a deal assigning it to my cash buyer without talking to title company?

Your help and kind guideline will be highly and very highly appreciated please.

Post: Title Company in Wayne County, MI

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Hi, I am new to wholesaling and trying very hard to make my power team. I am in need of a title company which is really good for wholesaling deals instead of refusing every transaction other than simple buyer/seller.

Please help me with some referrals and guidance. Much appreciated. Thanks.

Post: Cash Buyers

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Hi Daniel. How are you ? I'm also related to wholesaling. If we can please be connected to share some ideas and experiences please.

Post: Title Company

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Thanks. I like and appreciate your advice Sir.

Post: How do I explain that I'm licensed and wholesaling???

Muhammad SaleemPosted
  • Real Estate Agent
  • Stering, VA
  • Posts 60
  • Votes 10

Hi,

I also have the same question please. I have made LLC to do wholesaling but I am licensed Real Estate Salesperson.

Please somebody advise, how can we do wholesaling?