Real Estate Wholesalers 📍 7 Questions  that MUST get answered to PREQUALIFY Sellers

Real Estate Wholesalers 📍 7 Questions that MUST get answered to PREQUALIFY Sellers

Real Estate Wholesale
By the way the title "real estate wholesalers" should only be used as a reference only. In reality, you are a marketing professional who uses your skills … to find motivated sellers with the possibility of finding a deal for yourself as an investor OR to be assigned to another investor who is willing and able to buy and pay you an assignment fee. Name?Property?Want to sell?Why?How may I help?How soon?Confirm Motivation! Below is a question for us to address with this lesson for Real Estate Wholesalers… “What questions should we ask a seller who is selling a mixed used commercial property?How would we know if it’s a deal or not?” Get the book | FREE PDF | Amazon | FREE Audio book @ Audible Enjoy the video. https://youtu.be/LAHZ0YMIi2s 7…
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0$ MARGIN DEAL 📍 Real Estate Wholesale

0$ MARGIN DEAL 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “Good day. I’m needing some advice! On Saturday, I had a property walk-through with a seller on a home that was built in 1943. It’s a 2 bed 1 bath. It’s been vacant since 2014. https://youtu.be/OLcMolDSla8 The owner owes about $2,000 in taxes and the comps in the area are going for $70,000 fixed up. This home will need a full rehab. So I estimated around $45,000 - $50,000 in repairs. It has no central AC, the roof needs to be replaced, the whole 9. My partner and I offered the seller $10,000 but he asked for $20,000 the next day. Deal or no Deal?” ENJOY THE VIDEO! How To Find Real Estate Wholesalers
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MAXIMUM ALLOWABLE OFFER 📍 Real Estate Wholesale

MAXIMUM ALLOWABLE OFFER 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “Working on my first deal with a highly motivated seller. Seller is widowed and cannot afford the mortgage payments and is facing foreclosure. She only wants to walk away with a little money to relocate. ARV $163,200 Repairs around $15k Mortgage owed is $124k Behind on Mortgage payments $5k 65% = $105,000 Can this work?” ENJOY THE VIDEO! Maximum Allowable Offer Formula
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AFTER REPAIR VALUE 📍 Real Estate Wholesale

AFTER REPAIR VALUE 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “I’m having trouble figuring out what a house is actually worth. It’s in the downtown area, 5 bedrooms, 3 bathrooms and an unfinished basement, lot is 3/4 of an acre. The seller is trying to sell the idea that the house is very unique which it is but it was built almost 100 years ago and there’s a lot of work to be done. Any ideas other than running comps?” ENJOY THE VIDEO! How To Value Real Estate
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WHEN TOTAL COST => 70% 📍 Real Estate Wholesale

WHEN TOTAL COST => 70% 📍 Real Estate Wholesale

Real Estate Wholesale
QUESTION ⁉️ “I’m in negotiations with a property with ARV between $185K & 190K. For what I’ve been told, it needs carpet throughout and everything else is good to go. They’ve only been in the property for years but what I don’t understand is she bought the property for $151K but owes 1st mortgage 116k and 30k to HUD. She’s fine with just paying off what’s owed. It may be a couple of thousand dollars for moving cost. But my thing is 70% of $185K is $129,500; so she’s already over where I need to be not including any repair costs or assignment fees. How do I make this deal work?” ENJOY THE VIDEO! 70 rule real estate example
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