All Forum Posts by: Carlos Taylor

thanks again!!!

@Rob...lol will do! As an example can you show me what the should look like??? if possible ....

Well the way involved was just trying to take some action and see if i could get a good discount on a short sale and maybe flip to another investor if the numbers were right......Thanks for the advice i also think the realtor was trying to use me as the middle man to prolong the foreclosure too!!!

Hello BP ,

My name is Carlos and I was just looking for some direction and advice! Ok here is the deal, i've have been working with a realtor on a short sale for about about 6 months now ... the property is a condo and the bank wanted 305k at first but i guess after the talks they seem to want to agree on 288k the ARV is at $331,360 and may need about 5k in work!

I'm a newbie and flat broke not sure how to handle this situation! the owner of the property would be willing to rent the property back for a year if i did a buy and hold... the property is in southern California....i guess what I'm asking is if I was a seasoned investor how would they handle this or what numbers would i need to get to make this a decent deal???? My realtor just called me today and is asking how do i want to move forward with this property!!!

Thanks Carlos :roll:

Hello how's it going BP? I just have a pretty simple question. I Stay in Ventura County California (SoCal) Im not really seeing much investor activity here but I am trying to find out who else I can ask about a investor friendly title company that i can use for a simultaneous or double closing in this area? I am taking action steps to flip REO's but i know that finding a good title company is a must! Thanks for your time!- Carlos

Thanks Ted for the Helpful advice and words of encouragement! Hope all is well with you and your business thanks again,

Carlos

I've been to multiple seminars and have read plenty of books on Real Estate Investing and so far what I have seen here is very powerful and I luv this BP community :D I am interested in REO Wholesaling but I figure for me to get over the hump I would like to maybe joint venture or be mentored like one of the success stories I just read on here..lol :mrgreen: Other than that I am open to any ideals or comments that you may have to create another successful investor here on Bigger Pockets :wink: