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All Forum Posts by: Mario T.

Mario T. has started 50 posts and replied 110 times.

Post: wholesale to buy and hold

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

Lets say i spoke with a seller that is not interested in selling at a deep discount but is interested in seller financing options. Can I negotiate great terms and wholesale/assign the contract to a buy and hold investor like i would a traditional wholesale deal?

Post: wholesale to buy and hold

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

Lets say i spoke with a seller that is not interested in selling at a deep discount but is interested in seller financing options.  Can I negotiate great terms and wholesale/assign the contract to a buy and hold investor like i would a traditional wholesale deal?  

Post: making offers to REO

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

I was wondering if it was common for wholesalers to make offers for REO properties through realtors and how do i handle dealing with a realtor in this regard? I don't know if it's something i should be doing. Thanks in advance.

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

@Jesse T. i'm targeting the city of richmond.  the investors im working with are looking in richmond. i feel as if the richmond market is saturated and need to focus else where but i don't know where.  your thoughts? 

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

@Derek W. Thanks for the great tip.  So for the example you described, i would suggest a lease option assignment? If i can get it for a smaller monthly payment i could capture a significant cash flow and assign the contract to a buy and hold investor. 

What would an experienced investor do in this situation?  

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

@Joshua D. thanks for the motivation.  #slowfeetdonteat

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

@Mark Freeman thank you sir! i needed the inspiration

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

thanks for all the love and advice.  i've gotten into negotiation war with the most recent seller i've encountered but we couldn't agree on terms and i had to walk away.  i talked to a handful of actually motivated sellers but there was nothing i could do for most of them.   

it just seems a little discouraging when you been trying but nothings worked so far.  I suppose there's nothing else to do but to keep making offers and finding sellers

Post: how many offers do i need to make before i get a yes?

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

I'm fairly new to real estate investing and have done a lot of marketing to try to wholesale deals. How many offers do i need to make before someone says yes?  I'm getting creative with not just negotiating price but terms as well for buy and hold investors. 

Been doing this for about 9 months now with no success. I've made 6 offers out that 9 months. What's the magic formula or number I should be striving for? 

Post: foreclosure listing sites

Mario T.Posted
  • Banker
  • Glen Allen, VA
  • Posts 117
  • Votes 7

Has anyone used or had any experience using foreclosure sites to find deals, such as www.foreclosure.com?

Just curious to see how effective these sites are.  Thanks