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All Forum Posts by: Melissa Carmona

Melissa Carmona has started 3 posts and replied 6 times.

Post: Setting up a Wholesaling LLC

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

@Lydia T. Thank you so much Lydia for your time and input. I really do appreciate it and will definitely evaluate everything before I make a decision!

Post: Setting up a Wholesaling LLC

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

@Anna Buffkin No not yet, wouldn't it be needed if we in fact create the LLC?

Post: Wholesaler referring contractor

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

Hi everyone,

If you are a wholesaler, do you refer a contractor you usually work with to your cash buyer? If so, what kind of arrangements have you made with the contractor for referring their company? Do you get cash referrals? Look forward to hearing some responses

Thank you!

Post: Setting up a Wholesaling LLC

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

Hi everyone,

I have been thinking about starting to wholesale along with two other friends. We haven't done our first deal yet but we are starting to gather leads and grow our buyers list, marketing campaigns, etc. should we do our first deal first and then create the LLC, or should we create the LLC before we get our first deal? We wanted to go through the whole process first to see if it is something we are sure we want to keep pursuing

Thank you!

Post: Wholesaling real estate questions

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

@Sean Pan wow! Thank you so much Sean!! This really helped me. Appreciate you!

Post: Wholesaling real estate questions

Melissa CarmonaPosted
  • Posts 7
  • Votes 1

Hi! I am a new wholesaler and had a couple of questions I’m hoping I can get an answer to.

- Can you wholesale properties with liens on them? For example a tax lien? Is this something to take into consideration when determining a wholesale price?

-What if you can’t find a cash buyer for the contract? I’m thinking it would have to be a contingency in the contract to back out within the inspection period. Is that possible?

Thank you