All Forum Posts by: Mark Evelyn

We are just looking to network with anyone who is master leasing, wholesaling, buying, selling, anything related to commercial property in the DC metro area.

Networking is key....

We are reaching out to local investors in the DC metro area who have or are currently working on commercial deals to purchase property.

Apartments, shopping centers, retail stores, etc.

Just drop us a note...

Has any investor out there completed a seller finance deal. No bank in first position either. A complete purchase with the seller carrying half or the full note. Can you give complete detail of the whole process from beginning to end. What issues came about? How much down did you do (if any down)? What was the closing cost like? etc.

A lot people talk about seller financing but i haven't seen one that shows the complete process and what to expect from down it with the seller.

Well can anyone tell me if there are title companies that close nation wide on commercial property.

i.e i find a deal in philly but i reside in florida.

I ask that because when i get seller financed deals i want to be able to go to one escrow and title company(one stop shop) that can close the deals.

if so is the process the same just different with state regulations?

Any feedback is greatly appreciated. Thanks everyone!!

Thanks for the feedback. typically you would have to do a double closing. just wondering if anyone in Maryland or DC knows something that i don't. Thanks for the feedback....

Does anybody know if you can do assignments on REO's in Maryland and DC?

Thanks Kristian. I appreciate the feedback. But i have to know your providing the LOI and POF after a property os brought to you right not before. Some wholesalers get suck searching for a buyer when no one on their buyers list are able to come to up with the funds for purchase.

I'm building my buyer lists as we speak but i need to know should i request as a qualification that all my buyers submit to me a proof of funds before i bring them any properties.

Thanks

I'm reading alot about wholesaling so i'm coming to one of the best sites for info. Basically I want to know how does the whole process work. i.e. buyers list, finding the property, the correct legal forms to give to sellers and buyers. the hole nine yards. I'm concerned that even after I get people who want to added on my buyers that they need some type of qualification to prove to me that they are even for real with buying the property. Also is there a one page legal form that can be giving to the seller and the buyer.? How do you know what to charge for commission? I think from reading and listening to different people that this is a good way to get that start up capital needed to become a good real estate investor.

I know you season guys/companies out their got a good understanding so please feel free.