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All Forum Posts by: Louis Vargas

Louis Vargas has started 11 posts and replied 57 times.

Wholesaling

Post: $30k Wholesale Breakdown

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Tim, congrats. That is awesome. Keep up the great work. Post more deals. It helps us newbies to start doing our own deal. Again congrats.

0 Votes
New Member Introductions

Post: Brand new in PA

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP Stacey. You'll find that the people on here are very friendly and helpful. Good luck.

0 Votes
New Member Introductions

Post: Jumping into REI in SoCal

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP Derek. This site is by far the best that I have come across. It's loaded with helpful information and the folks on here are friendly and helpful.

0 Votes
New Member Introductions

Post: New Member from Suffolk County in Long Island, NY

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP Jose Garcia.

0 Votes
New Member Introductions

Post: New Member from New Hampshire

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP Geoffrey. I'm also glad to have found BP. The people are helpful and the information located on here are excellent and full of useful tips.

0 Votes
Starting Out

Post: Wholesale Contracts for California

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

You are welcome. Glad to be of help.

0 Votes
Starting Out

Post: Wholesale Contracts for California

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5
Originally posted by James Lee:
I am trying to write my own wholesaling contracts but wanted to see if anyone knows where I can download a copy online. I found a few but none of them were for CA. I wanted to use the download copy as a template and then make some changes.

Anyone have wholesaling contracts for the state of CA? Thanks.

Try the following link http://www.choicea.com/forms/FOR%20SALE%20BY%20OWNER%20FSBO%20CALIFORNIA%20PURCHASE%20AND%20SALE%20AGREEMENT.PDF

0 Votes
New Member Introductions

Post: New Grand Rapids Michigan Member

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP Cameron. You will find a ton of great information on the site. I just got done reading the "The Ultimate Beginner's Guide to Real Estate Investing" and let me tell you that it is full of useful information. Check it out.

Again welcome to BP.

0 Votes
New Member Introductions

Post: New member from Brooklyn.

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5

Welcome to BP. As for gurus I would research about them and do more research. Don't let their high pressure sell pitch force you into action when you haven't done your research on them first.

Good luck in your real estate investment career.

0 Votes
Wholesaling

Post: Do You Use Double Closes to Hide your Profit Spread?

Louis VargasPosted
  • Real Estate Investor
  • Niagara Falls, NY
  • Posts 65
  • Votes 5
Originally posted by Sean D:
Double closes have the nice advantage of keeping your profit spread private, at the disadvantage of costing more in financing and closing fees. And of course sometimes double closes are necessary when contract assignments are prohibited. But for the purpose of getting the deal done, does anyone here use them to keep their fees private?

I think that double closing is done not for keeping your profit private but because contract assignment may be not allowed. I may be wrong in what I wrote but I think that the buyer will not complain if he/she knows that you are also making a profit.

0 Votes