All Forum Posts by: Daniel Fernandez

Cool Deal ill call you tomorrow, Thanks again

If i dont want use an online list, how can i find non-owner occupied properties at the recorders / courthouse do i look through tax bills? is it obvious once i get there? planning my first trip for monday to dig through the NOD and other public docs.

I use a simple one page contract that the seller can read and understand in less than five minutes.

Hey Ryan I was wondering if you had a sample of the contract you use when wholesaling with the seller. Ive been having problems finding a fairly simple 1 pager. Any help is appreciated. Thank You

Thank You. I am targeting the whole San Diego area as many properties are currently distressed, also its one of the few cities to see a slight increase in prices making it good for our end buyers (especially buy and holders) to make decent profit. I would like to do this in OC and inland empire as well but am not sure how wholesalers logistically do it.

JCC- I'll contact you shortly and send a colleague request as I will be meeting with many owners, a lot of upside-downers and some equity holders. Thanks again

Thank You Ted! Its really nice to find a lot of straight information somewhere.

Thank You for your responses. that makes sense. If you're not a RE agent, what do you usually do with a property in need of a short sale? Or is this a topic for another forum?

Hello All I am Daniel Fernandez, 22 from San Diego and I absolutely love BiggerPockets! I have been lurking in the shadows and reading every post i can the last week, I must have read hundreds already...

Even though I am qualified to take the RE Exam I am taking a dive into wholesaling. (do not want to worry about conflicts of Interest) After accumulating a modest but active buyers list I am ready to deploy my marketing campaign in SD in search for motivated sellers with equity. Does this sound like a feasible plan?

I look forward to learning more on BP as well as meeting you all

Have a killer 2010!

Hello All I am new to wholesaling and have done much research thanks to biggerpockets of course. I have a small yet suitable buyers list and will begin my marketing campaign here in San Diego to find motivated sellers.

However before i proceed, I would rather not find properties that are upside down and require a short-sale (although i will be a licensed RE Salesperson shortly) I do not have experience with short sales and would rather not work for a broker while wholesaling.

So the Golden Question is: Since upside-down mortgages require short sales, How can I find motivated sellers who hold a decent amount of equity in their home?

I Have a feeling the NOD list will contain mostly upside-downers.

Is searching for NOD's where the owner purchased 5-10+ years ago a feasible way to do this??