All Forum Posts by: Rosendo Gonzales

thanks Josh, new to BP your help has lead me to setting my up

my profile, posts according to BP's guidelines, .... Great looking out

Welcome Semaj to BP hope you have a great experience here, Rosendo

Hi David,  Rosendo here,  you mentioned the fact that the area is somewhat depressed, the question I have is, "Does the sales price reflect the structure/building condition and area?, if the owners are negotiable and flexible, as it may seem due buyers already walking away and them being from out of state, they may be open to have you solve their problem with this parcel, If need be I would renegotiate the contract due to the condition of the structure and would renegotiate the time-frame to close in escrow, you can do that one of two ways, you pay the sales price and have the owner credit you at the close of escrow the cost of any repairs that are related to the integrity of the subterrainium pad or foundation footing for the building due to the flooding and the lack of preventive maintenance from the previous owners....Or second will seller adjust their sells price to be inline with true values and condition of structure? and of course... Third, Is your profit margin high enough that you could offset the cost or are the numbers showing otherwise go back renegotiate those points of issues, the worst they can say is no and forth...go look for another project.   Is this under contract? and if so did you include weasel clauses that would give you the ability to extent your escrow/contract one time with a small extension fee of $50-1000 paid at the time of the extension into escrow account without going back for seller approval, remember to safeguard your earnest money investment with good verbiage in your purchase, wholesale contracts, they are truly money savers again........hope that helps you it helped me on numerous occasion in the past.......... Have fun and be profitable,  Rosendo G  

Awesome... I so much want to thank you for taking the time to introduce, I know time is priceless, so thank you Brandon, David, Mark,  Peter, James, and Elizabeth, and all those that I haven't mentioned, You folks have convinced me that I am at the right place and you guys rock!!!! Thank you and have a super week, Rosendo   

Hello Bigger Pockets community,

First, thank your for giving me the learning opportunity to see my goals thru, 

Second, I hope to make many new friends and business partners, not for the moment but for a lifetime and I am ready to learn from one or from all anything/ something new, that can help take my business to the up most levels, To start with I started back in 1987 investing in condemned dwelling, empty lot for new construction/owner-builder, I have learnt a lot, lots of hard knocks, many lessens and still going forward to my pursuit of succeeding in my chosen field, Hope that I can meet each of you in person one day but for now, Thank you  P.S. Keep up the good work........      

An easy way to find out the owners on record

is to get a property profile from title company

if you live in a state which allows that in state that are not allowed ,if not go to tax authority in your count