All Forum Posts by: Francisco Rivera
Francisco Rivera has started 10 posts and replied 34 times.
Post: Buying Realtor Listing with Creative Financing?
- Tampa, FL
- Posts 37
- Votes 7
I am looking at reaching out to listings that meet my criteria, but I do not want to take out loans or pay cash. I am looking at using creative deals to purchase (subject to, options, master lease, etc.)
My proposal would be for the agent to allow me to speak with the seller and see if they would be willing to sell on terms, if so I would still pay the realtor their commission after closing. I am out of Tampa FL., what are the rules if I was to construct a deal like this when it comes to paying the realtor?
Thank you everyone for your inputs
Originally posted by @John Thedford:
Not all that info will be available on the property appraisers websites.
Are you able to point me in the right direction on where I could gather some of this information?
Originally posted by @Andrew Syrios:
I would recommend talking to a title company about this. They can do the search for you, but they can also probably give you feedback on where to find it in your county.
The investor I am working with does not want to go with a title company he wants to do all the DD himself
I am trying to go to the appraiser, country clerk sites but I'm having trouble finding the following information
-Mortgage
-Liens
-Judgments
-Title/Deed
Post: Making an offer Help
- Tampa, FL
- Posts 37
- Votes 7
Originally posted by @Lynsey Dreis:
When you got in touch with him, was your intent to find a fixer upper? I have been doing a lot of research of Tampa neighborhoods recently, driving the neighborhoods weekly. I myself am looking for a property right now. Which neighborhood?
Sorry, I should've mentioned in the post that my intention was to wholesale the property.
Post: Making an offer Help
- Tampa, FL
- Posts 37
- Votes 7
Sorry everyone for the late response, the seller decided to just finish the rehab and sell 160K. The house was in the Belmont Heights area East Tampa.
Post: Tampa Cash Flow Meetup w/ guest Mark Payne, ESQ
- Tampa, FL
- Posts 37
- Votes 7
great meeting met great people feeling really pumped and motivated. Lucas thank you for posting this event here if not I wouldn't have known.
Post: Making an offer Help
- Tampa, FL
- Posts 37
- Votes 7
I ran into an FSBO property in Tampa, I contacted the owner and he states he is currently rehabbing the property. The roof is almost complete, but he needs to finish the floor, cabinets, drywall and it needs a new A/C and is looking for 160K once completed, but he is willing to negotiate if it is bought as is. I ran some comps for the area and within a 2-mile radius home of similar size are ranging from 130-200K move in ready, the lower end fixer-uppers 40-60K (non-gutted as this one seems to be).
Realtor.com shows over 200 homes sold in this zip code since 1/2019
With the cost to rehab if bought as is from the minor details I have, would 55K offer be a good starting point IYO?
Thank you for your help in advance
Post: Monthly Meeting: Speaker David Tilney
- Tampa, FL
- Posts 37
- Votes 7
Couldn't make it to the rehab tour but I will be here.