Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

A Question AboutReal Estate Commisions

I want to work with real estate agents. I read 30 day to Real Estate Cash . How much will the real estate agent charge for helping me find properties?

Uugghhh! The Fish That Got Away

Yesterday and/or this morning a deal came across my desk that would be great for flipping or renting. It would have easily been a $20,000 profit but probably more. I could not jump on the deal, because I have absolutely no money...not even earnest money, much less the money to partner with a hard money lender from this site.

The house sold overnight for about $64K, and the tax appraised value was $102K. I need to have someone by my side for when these deals become available. I never even had time to do a CMA on it. This is frustrating.

Offer Letters

What offer letters does everyone use when submitting their offer? Does anyone use the one on here in the Forms link?

Question for the Veterans here.

After reading a lot of posts I understand that some people choose not to hire real estate agents for one reason or another. I personally plan on hiring one once I break into real estate wholesaling. My question is this: Do real estate agents only work on MLS related deals or can they assist on non-MLS deals such as FSBO? And if they do assist you in making offers on non-MLS deals or anything else then how do you end up compensating them for there time? Do you have some sort of pre-agreement or something else?

Thanks!

Nick

Foreclosed house.

I live in a foreclosed house.The house has some proublems,such as;pluming proublems,leaky roof,mold and a few other things.Is it possable to get this house from the bank with no money down?

Thank you

Cash note.

Has anyone ever done a cash note with a bank?

Are Properties with Liens Still Good for a Wholesale Deal??

My cousin & his father are trying to sell there Multi-Family Property and it has a sewer/water liens on it and i wanted to put it under contract. But was wondering if this is something i should go after? Who would be responsible to pay they liens? or can you even do a wholesale on this? Im a novice, so please help!!

Seaside Heights, NJ

Hello, everyone. I've had a seller reach out to me about selling his rental property (4-unit) in Seaside Heights, NJ - a block from the boardwalk. Is anyone seeking to acquire properties in this area?

How Do I Close On Bank Owned REOS ??

Can anyone explain to me the correct way to make an offer to the bank for a Bank Owned REO Property and Wholesale it successfully to my end buyer ?

I am aware of how to assign a contract to my end buyer that was contracted with the owner but my problem is not knowing how to exactly make an offer to the bank and whole sell it..

Do I nee an Agent on this type of deal or can I make an Offer directly to the bank and contract with the bank and pass the deal on ?

Please respond if you have experience with wholesaling Bank Owned REOS..

Thanks,

God Bless~

I have a buyer who wants a small house in Phoenix, Az. fast!

I have a qualified end retail buyer who wants a small
house in Phoenix,Az. She is qualified for 100K loan, but only wants to spend 60K for the property. She wants
a 2 bed/2bath house with a garage & a yard. I believe she's looking in the 85302, 85305 zip code areas; north
of Olive, between 45th & 83rd and nothing off of Grand.
She needs to be out of her rental by Sept. PM me with any any suggestions, let's both make some money!

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