All Forum Posts by: Paul Asack
Paul Asack has started 3 posts and replied 2 times.
Post: New Wholesaling Looking To Grow My Buyers List
- Wholesaler
- Cambridge, MA
- Posts 3
- Votes 0
Hi Everyone,
My name is Paul Asack. I am a Wholesaler in Massachusetts and New England. I am looking to grow my Buyers List of Investors, Flippers, Rehabers, Lenders, Bird Dogs and Construction workers in New England. I want to share off market opportunities with you and connect.
I have created a Google Form so you can easily be added to my list. Please see the link to the form below. My contact info is on the following page once you submit the form.
http://goo.gl/forms/WH5s7kYcI4
Please let me know how I can help your business. I am also a Massachusetts Real Estate agent that works specifically with RE Investors.
Thank you for your time and I look forward connecting.
Best,
Paul Asack
Post: Wholesaling Help! Step by Step Help in Making My First Deal
- Wholesaler
- Cambridge, MA
- Posts 3
- Votes 0
Hi All - I am new to Wholesaling and have a couple questions to the community. I am located in Boston and recently found a Seller that is interested in a cash offer for her home. The home is in great shape and most likely doesn't need any work (recently Renovated). The town assessors office assesses the house at $510K.
My questions:
1. What is the first steps to get the house under contract so I can wholesale it to a cash investor? Is this a legal agreement (Assignment Contract?) or can I just come up with this document on my own? Examples?
2. I am extremely new to wholesaling and trying to jump in and learn. Therefore, I do not have any Cash Buyers. Will it be easy to find a cash buy for this property? How should I find Investors?
3. Will an Investor buy the Home even though it doesn't need work and is turn key? I imagine the house being sold for around asking price? The house is in a vacation spot of Mass and can be rented.
4. How do I close the deal and negotiate what I want to get paid for finding this opportunity? What's standard for commission?
5. Lastly, I am dealing with an extremely expensive area of the country where home prices are a minimum $300K+. Will I have less of a chance to Wholesale Real Estate due to the increase amount of cash due upfrount?
I realize these questions are all over the place so any advise or links to other forms would be helpful and great! A guided example would be great as well.
Thank you for all your time and input!
Best,
Paul