All Forum Posts by: Andrew Mestas

Thank you @Greg Behan and @Claire Trammell for your responses. @Mike Sattem that is very helpful, thank you!

Hi guys I am Farming my particular area and I'm about to send out some yellow letters. What kinds of questions should you ask a motivated seller when you get a call? What stuff should you ask to help analyze the deal before you make an offer?

Thank you @Troy Gravett and @Assaf Furman. Sounds like the deals got to be closed in order to get compensated. That was my initial thought but i wanted to be sure all the miles i'm driving will eventually be fairly paid back lol. Thanks again for the response guys. I'll be sure to message you shortly @Troy Gravett. 

I  have been locating properties in my FARM for an investor. I'm just curious how do "bird dogs" typically get compensated? When a deal is closed? When a house i locate has a seller that wants to sell? Or a property looks like a good lead?

Thank you in advance!

Thanks Mark Callazzo !

What percentage range of Equity do you typically look for in a good deal?

Thanks @Percy N. I'm new and that helps. 

I am new to real estate and just following through this thread with so much knowledge, experience and advise is inspiring. Thank you to everyone! 

Thank you @Scott Bowland.

Is this the same as a hard money lender? and if no what is the difference?

I'm new to real estate and i'm looking at all my options to do my first deal. If you could help me understand how "Private Mortgage Companies" strategies work that would be great. Thank you.