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All Forum Posts by: Account Closed

Account Closed has started 7 posts and replied 23 times.

Post: Newbie to Foreclosure purchasing

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

Here's some good basic information 

Foreclosure laws by state:

https://m.realtytrac.com/real-estate-guides/forecl...

Foreclosure process explained :

https://m.realtytrac.com/real-estate-guides/foreclosure/

Post: Newbie to Foreclosure purchasing

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8
Purchase the house from the owner prior to auction. Not every house on Auction.com has been sold, you need to look at the auction date. I mainly target Pre-foreclosures and can help you

Post: Wholesaling in Southern California

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8
Let's talk

Post: Need subject to help!

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8
Exactly, only way to do that is bring the default amount current to stop the foreclosure. What's the ARV and Rehab Costs?

Post: Knoxville Flip in Hot Location

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

Is it still available?

Post: 19% ROI Turnkey! $15K down, $278m CF, Seller Financing Offered!

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

I'm interested 

Post: Wholesaling with a Realtor

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

Your Realtor will be paid at closing and unless you agreed on some other terms, the seller pays agent fees. Unless you're dealing with a FSBO, then why use an agent? California contracts are technically assignable, but as long as you have your name and/or as assigned, it's not a problem. Find a title company other investors are using in your area and get some more information on how it works in your area. As far as double closing, unless you have a major spread, assigning is much easier. Wholesaling is more about volume. One question to ask potential end buyers is what are they comfortable as an assignment fee. Usually 5-7k is average. Good luck

Post: I need help finding comps for commercial properties national wide

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

I recently started looking at different commercial properties locally and out of state. I'm having a hard time getting comps. Can I get some help on obtaining reliable commercial property comps?

Post: Help with Wholesale Calculations

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

70% doesn't work out here with the home values are higher. Fixed cost with end buyer profit is a good starting point

Post: **CASH INVESTOR SEEKING SFR w/ Price Range $200k - $600k in SoCal

Account ClosedPosted
  • Carlsbad, CA
  • Posts 49
  • Votes 8

Carlsbad, just north of San Diego? I have a property under contract.