Updated almost 7 years ago on . Most recent reply
advice on where to buy seminar
Hi my name is jarrod and I live in Phoenix and Los anegels . I’m currently working in Billings Montana and have been listening to podcast and reading up about wholesaling everyday for about 3 weeks now. Can anyone give me any suggestions on a good seminar to purchase to to learn more. Thank you in advance .
Most Popular Reply
Its no different than buying a single condo.
Step 0 go to the bank and get pre-qualified for a commercial loan- see how much you can buy. If you have the down payment and just need someone's credit let me know. I can get $5-M $10M at any time.
1 find a good location with a path of progress
2 figure out how to get the down payment of 20 -30 % - (this is the hard part)
3 Make sure the property has a POSITIVE cashflow and the rents are based off actual rents and the expenses are real. This is difficult to do in LA and San Diego...