14 February 2016 | 27 replies
Here are the key questions to think through before you get it going:1) what do you want to buy2) how much can we afford3) how will you pay for it 3) what are you going to do with it afterHere is how we tackled this challenge:1) Find a reputable and responsive agent to work with: we worked with @Sharon Tzib2) Get pre-qualified with a good and local lender that work with investors: we usedd Rochelle Frazeur from New American. 3) Use some good MLS criteria to set up lists with your agent3) Find out how to identify a good deal: We got our hands on some good cash flow analysis calculators (thanks to @Sharon Tzib) and we used the calculators on BP as well4) Make neighborhood visits to those areas of your interest5) Find other venues to meet up with other investors or go to workshops and meet up's: We've attended BP meet up in Houston, events with Jet Lending, meeting with Wholesalers, and we've met one-on-one with other investors6) Look for non-MLS sources to find properties for sale: wholesalers, and local listing through Rich club or word of the mouth7) Talk to the property manager if you are planning on using on.
15 April 2016 | 3 replies
I would like to get on the email lists of wholesalers and would appreciate any other help to get started in the St Lucie, Indian River, and Osceola counties.
20 April 2018 | 5 replies
I as well am looking to get into flips,wholesales and buy-and-holds.
4 February 2016 | 4 replies
I recently went to my local REIA and our guest speaker (who happens to be a known whoelsaler, I will not mention name) said that you can get paid as a wholesaler at the moment you assign your contract without having to wait for closing.
4 February 2016 | 1 reply
I am looking to connect with flippers, wholesalers and other contractors.
9 February 2016 | 4 replies
I scour Zillow and the other sites from time to time so perhaps will find my deal there but an agent with some good wholesalers and other places to look would be fantastic.
6 February 2016 | 7 replies
There are 9 Mobile Homes which are mostly 1990s, and only 4 are currently rented for a total of $2650/mo, 3 vacant,the remaining 2 need to be repaired, and the last pad is vacant. 3.4 Acres, city water (master meter), septic tank, and individual electric.The deal financing was $200k, $30k down, 6% interest, for 10 years.I know the unofficial formula is lot rent x # of units x 12 x .6(owner pays utilities) or .7(tenant pays utilities) x10 (CAP). then you add in the wholesale price of the mobile homes to get to your priceWe are planning on renting the land and home as a package deal.
11 February 2016 | 14 replies
Here you will meet wholesalers who provide deals and rehabbers (cash buyers).
11 February 2016 | 3 replies
I'm a local wholesaler, rehabber, and hard money lender.
14 February 2016 | 7 replies
Here you will meet wholesalers who provide deals and rehabbers (cash buyers).