All Forum Posts by: Manuel Sarabia

As a junior lien holder, can I negotiate with the bank on senior lien to pay it off at a lower amount? Is this a possible strategy?

Sorry if this is not the correct forum for the question. My question is at the junior lien holder, can I negotiate with the first mortgage on the property to negotiate the payoff?

I want to list my multi family property for sale but I don't really want my tenants to know I'm selling it. Besides not putting a for sale sign in front of the property, what else can I do and put in the MLS in regards to showings, offers, inspections/walk throughs?

I'm getting my Broker license pretty soon. I don't plan on bringing in agents, just going to be myself. I work 100% from home under my current broker but  I don't want to use my home address when I open my own real estate office. I couldn't find much on the rules when it comes to Brokers holding a physical address or PO Box.

Yep. Just for my personal info. I like statistics and I'm putting together a spreadsheet to keep track of a bunch of stuff. It just feels weird that I count it as a 2016 sale when all the hard work was in 2015.

I had two flips close in the first week of January. I purchased and rehabbed them in the last six months of 2015. 

Any recommendations? I work with one out of Northern California but I am not too happy with their service lately.

What exactly is the benefit of foreign filing? I was considering doing an LLC in Nevada for my CA investments because I've been told the fees are much lower than in California, but there is no point if I still have to pay the $800 bucks annually.

Your permit is approved, you do the work. What happens if you don't follow up to do a final inspection?

What are your general thoughts on flipping condos? What hurdles did you have to jump besides the rehab process?