All Forum Posts by: Nicolas Sartor

The phone# on my seller lists always seems to be disconnected landlines. What is the best way to get cellphones?

Hello, 

I'm a wholesaler in LA looking to connect with realtors that understand wholesaling, where can I find other investor savvy realtors besides bigger pockets? 

I've been looking into wholesaling pre foreclosures in Los Angeles, and I've found someone saying that it is illegal to deal with a owner in distress without a brokerage license, is this true? I couldn't find any other references to this. 

Thank you @Mark Pedroza!

Hello everyone, 

I'm curious about wholesaling pre foreclosures in California (Los Angeles) , I'm a new investor, I've been researching the subject and acknowledge the risk of a rookie investor like me dealing with an owner in crisis. 

I'd like to know if there are any sources of information that could guide me and ensure that I won't be doing any wrong when dealing with pre foreclosures. Or any suggestions about how to approach wholesaling in California as a beginner. 

Thank you @Kath Marie, I truly appreciate it! 

I'm starting wholesaling, but I still need to understand some details about closing the deal.

Let's say I found a qualified seller, went to his property and everything checks out, I have the seller sign an assignable purchase and sale contract. 

When (and where) do I put some earnest money down for the seller? Am I taking this to escrow/title company now? Or do I only take it to escrow/title once I have a cash buyer ready to close?

Congrats! It's nice to see someone who was cynical about it making it work. I'll be starting my marketing efforts this month.

@Richard Deberry How much does your VA cost?

@Richard Deberry Thank you for the suggestion!