All Forum Posts by: Kevin Powell

Hey bp, new wholesaler here! Are there any California compliant assignment contracts and purchase agreement contracts here or in files? If so can someone tag me or send me them please?

Just wanted to ask, what's the best skiptracing site/software people are using? I heard of REISKIP, any other LOW costing yet still effective sites? I'm going to drive for dollars, get some lists and then would like to make some phone calls.

@Daryl Demz thanks a lot Daryl that helps me, i will call and confirm what he means but I appreciate you respecting my novice experience lol

Lol people get snappy in here or maybe it’s passion. But I asked because he’s not available at the moment and @Patrick Liska was able to help a ton too. Thanks for that break down. I know I can get on the phones but do to the timing we weren’t able to

Me: Ok man I will keep you in loop. You work off of 65% ARV or 70%?

Him: I can do around 80% LTV with purchase price and repairs compared to ARV. Thanks!

Does this help at all? @Jim K. @wayne brooks

Only thing is I haven't put anything under contract I'm just a wholesaler getting to know his criteria. so when you say however much "you" got it for, you and in me or whatever the home is worth and 80% of that including repairs before ARV? @Jim K.

No sir @Exavier Hamilton

I was having a conversation with my buyer asking if he prefers to run off 70%ARV vs 65%. His response was

"I can do 80% LTV with purchase price and repairs compared to LTV."

Can someone explain exactly what that means so i can better assist him in finding what he wants?

Hey BP,

I have a few lists of absentee owned properties from list source. Totaling to about 1000 properties altogether. They're from March and April of this year, but I only mailed to them once and not again. (Other problems). Since jumping back into the game, should I get back on that same list? Wouldn't hurt right? Those houses may not even be sold.

Hey BP Family. So I am back studying and investing into real estate in the Northern Cali area (or anywhere I can find a deal really). What are some best or better ways at finding distressed homes or investor friendly homes and doing the direct mail thing? I don't mind handwriting my letters to start out, just want to know good ways to find the properties and assess them correctly. Thanks in advance!!