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All Forum Posts by: Joseph Hernandez

Joseph Hernandez has started 48 posts and replied 163 times.

"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.

Thanks Steve for your clarification. 

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? 

Post: cash buyer vs. HML buyer

Joseph HernandezPosted
  • Posts 164
  • Votes 15

Thanks Elott.   

Steve, 20% of what? 50% of what? I'm a newbie wholesaler. Thanks

Post: cash buyer vs. HML buyer

Joseph HernandezPosted
  • Posts 164
  • Votes 15

   i didn't ask whether or not a buyer will use a hard money loan.

Post: cash buyer vs. HML buyer

Joseph HernandezPosted
  • 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?

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?

Thanks Mason for your input. 

Will Property Radar work?