All Forum Posts by: Joseph Hernandez
Joseph Hernandez has started 48 posts and replied 163 times.
Post: how much below market for quick sale?

- Posts 164
- Votes 15
"Check with local agents. They will know what is selling. Ask for comparables. Ask for days on the market and what % of asking price the proeprties are selling for. The statistics are there."
You can get this info from Redfin. Type the city and state you want to invest in. click MARKET INSIGHTS, and you will find this info.
Post: Minimum Profit Margin for a Flip

- Posts 164
- Votes 15
Thanks Steve for your clarification.
Post: How many wholesaling contracts are there?

- Posts 164
- Votes 15
I'm not currently in the US. how many posts is the maximum Mr. moderator? If I exceeded the maximum posts, BP will let me know. Is it really that difficult to scroll past my posts?
Thanks Elott.
Post: Minimum Profit Margin for a Flip

- Posts 164
- Votes 15
Steve, 20% of what? 50% of what? I'm a newbie wholesaler. Thanks
i didn't ask whether or not a buyer will use a hard money loan.
Hello.
I'm a newbie wholesaler. If I have a pre-foreclosure deal and the seller is in NOS stage, do I have to find a cash buyer for the deal, or can I assign the contract to a HML buyer by delaying the foreclosure, since time is of the essence? I prefer a HML buyer because I think (I may be wrong) a HML buyer will pay more for the property, hence, my assignment fee will be higher. Based on your experience, am I correct?
Post: Should I assign my contract to a cash buyer or hard money investor?

- Posts 164
- Votes 15
Hello.
I'm a newbie wholesaler. If I have a pre-foreclosure deal and the seller is in NOS stage, do I have to find a cash buyer for the deal, or can I assign the contract to a HML buyer by delaying the foreclosure, since time is of the essence? I prefer a HML buyer because I think (I may be wrong) a HML buyer will pay more for the property, hence, my assignment fee will be higher. Based on your experience, am I correct?
Post: Minimum Profit Margin for a Flip

- Posts 164
- Votes 15
Thanks Mason for your input.
Post: How do i drive for dollars with Google Maps

- Posts 164
- Votes 15
Will Property Radar work?