All Forum Posts by: Cirilo Villar
Cirilo Villar has started 23 posts and replied 93 times.
Post: I Need Advice For A Potential Deal
- Los Angeles, CA
- Posts 97
- Votes 38
So I was looking on Zillow for properties I could wholesale and I was just trying to teach my self to evaluate properties and determine if they're deals or not. I then found a small piece of land in Denver, Colorado for a cheap price. I have heard a few people mention that they invest in billboards and I just wanna know if I should buy It and build a big billboard and rent it out. Advice and critiques welcome !
Post: 22 Years old with zero credit and $4,000 how can I start REI
- Los Angeles, CA
- Posts 97
- Votes 38
@Ciro Affronti
Yes I've been thinking about house hacking but u have yet to build credit in order to get an FHA loan
Post: People Advise me to start in my area but I live in LA
- Los Angeles, CA
- Posts 97
- Votes 38
you recommend I become a realtor?
Originally posted by @James Wise:
Originally posted by @Cirilo Villar:
@Brian Sparr since I’m wholesaling I’m willing to spend 5,000 but that’s not very obtainable when wholesaling property in California especially in Los Angeles I’ve thought very frequently to tap into other markets and maybe even take a two day trip to see the property personally and meet the seller to pitch
Stay local bruh. Wholesaling in another market doesn't make sense for you. 1st thing to note is that all wholesaling is, is brokering real estate in an inefficient & often illegal manner. So with that in mind I recommend you get licensed & broker real estate that way. As for where to broker real estate do this in your back yard. Markets don't make you a good or bad broker. Your sales skills, marketing skills & market knowledge do. So naturally the market you are most familiar with will give you the best chance at success.
Post: Who do I need on my team for remodeling a property?
- Los Angeles, CA
- Posts 97
- Votes 38
Who do I need help from when starting a flipping project? More specifically who do I contact to remodel? Contractors and who else? Do I need to hire an architect? What connections should I make before pursuing a House flipping project? How and where can I find these connections ?
Post: 22 Years old with zero credit and $4,000 how can I start REI
- Los Angeles, CA
- Posts 97
- Votes 38
@Jonathan Hulen but what if I get a personal loan
Post: 22 Years old with zero credit and $4,000 how can I start REI
- Los Angeles, CA
- Posts 97
- Votes 38
@Mitchell Mims how many times should I repeat that process to build my credit?
Post: 22 Years old with zero credit and $4,000 how can I start REI
- Los Angeles, CA
- Posts 97
- Votes 38
@Frank Wong I read back this response again today and I love it! I’m learning that to be true
Post: How can I buy property for $10,000 down?
- Los Angeles, CA
- Posts 97
- Votes 38
@Joe Villeneuve with good credit you could use an FHA loan and only pay 3.5%-5% DP
Post: People Advise me to start in my area but I live in LA
- Los Angeles, CA
- Posts 97
- Votes 38
@Brian Sparr since I’m wholesaling I’m willing to spend 5,000 but that’s not very obtainable when wholesaling property in California especially in Los Angeles I’ve thought very frequently to tap into other markets and maybe even take a two day trip to see the property personally and meet the seller to pitch
Post: People Advise me to start in my area but I live in LA
- Los Angeles, CA
- Posts 97
- Votes 38
Hello people left and right tell me to start REI in my own community but I live in LA where there is gang activity almost anywhere. Even if there's no gang activity the prices are too high? Should I try another state or county or should I keep trying to find a deal in my area