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All Forum Posts by: Michael Mendoza

Michael Mendoza has started 4 posts and replied 11 times.

Post: Foreclosure property very motivated seller

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2

@Brett Goldsmith she owe like $120k the as-is value is $141k I basically can get the house with no problem it’s my friend grandmother I’m just not sure if I can do anything with I’m just starting out in the real estate world

Post: Foreclosure property very motivated seller

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2

I have a lady that has a property that’s just went into foreclosure Friday it has little equity and she’s very very motivated to sell. Can u still wholesale this property I don’t think it’s bank owned

Post: Any advice will help

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2
Jeremy Taggart ok thanks I’ll go back to Zillow and see what I come up with

Post: Any advice will help

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2
Chris Seveney what’s a BPO??

Post: Any advice will help

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2
Jeremy Taggart I used Zillow to get my ARV and I got a little confused I don’t know if the house is worth $20k+ or $40k+ because of the comps I looked at some sold for 20k+ some sold for 40k+ and that’s where I got confused and now I don’t know what to offer

Post: Any advice will help

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2
Hi any and everyone I new to wholesaling and I’ve been talking to 2 motivated sellers and I know they are possible deals but I’m stuck with even making an offer because I’m not sure how to determine the ARV I thought I knew until I went to go do it. Any suggestions will help

Post: Wholesalers answers please

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2

Thanks and that’s my next step is to start networking with local investors I got around meets coming up hopefully I find my way and best of luck Tony also on your journey 

Post: Wholesalers answers please

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2

Thanks Duane any info is insightful for me I have to be like a sponge and soak up everything, I’ve been trying to network but like u said the journey isn’t easy at the beginning but I wish u the best of success and just stay positive!

Post: Wholesalers answers please

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2

thank u guys 

Post: Wholesalers answers please

Michael MendozaPosted
  • Specialist
  • Warren, MI
  • Posts 14
  • Votes 2
Hi I’m new to BP and I’m an inspiring investor, I want to get into wholesaling but I have a question. How do I find a good target area to start? I’m from Michigan btw.