Marizel Mercado

Hello All!

I am actively searching and interviewing potential lenders whom I and my newly formed company will be working with in our current and upcoming deals as investors!

I have 6 pre-qualification questions and if you meet any of these criteria please email me as soon as possible for further discussion:

a. Do you have any creative finacing for investors?

b. Do you have any no money down loans for investors?(ex. down payment assistance programs, seller allowed to carry back down payment)

c. Do you have any 5-10% down loans for investors?

d. Do you have No Doc or No Income No Asset(NINA) loans?

e. Will you allow the seller to carry the down payment and pay closing costs?

f. Will you lend on purchase amount or after repair value(ARV)?

Thanks and I hope to hear from you soon!

Marizel

P.S. Please pardon if this is not the right avenue to post this message...pls advise..I'm new here..thanks!

Maybe you can help me figure out what's the best way for me to do. I am representing a buyer and an investor who happens to be my mother. For a moment, let's say that the investor is not my mom, can I submit 2 offers at the same time for the same property? I was advised 2 different ways:

1. To choose which client to submit offer from, if the offer falls off, then submit the other offer.

2. As long as I disclose to each of the party that I represent both of them, then submitting two offers for one property should not be a problem...bottomline, may the best offer win.

I am in California and would certainly appreciate advices esp. from RE Attorneys in California if I would really violate any ethical law in this case. My own thinking and honest feeling is...I can submit 2 offers at the same time because in reality being an agent of each of them, I have the responsibility to represent them. I cannot tell one or the other that.."Sorry, can we get my other client's offer in first and if it falls off, I'll submit yours?"

I am facing this dilemma as I write this...I will be waiting for your insights! Thanks!

Assignment of contract could be one of the best strategies that real estate investors use to earn FAST CASH. Being an investor myself, I find this very lucrative especially in today's market...BUYERS MARKET. Do you do it too? This blog is open for all the investors and any real estate professionals to share their experience! BLOG AWAY!!!!

Let's face it...no matter how successful we are now in our profession, looking back...we were once a newbie..did not know so many things compared to what we know now. I kind of thought to post this blog to help new licensees(before their first transaction) feel that they are not alone in feeling: nervous, not so confident, not having the right can-do attitude, fear of making mistake, etc...when they finally have to face their first client..

Everybody's welcome to share their stories!

Dear Colleagues,

I am new to Active Rain and it is my hope to be one of your friends and business partner. I reside and do business in Greater East Bay Area. I am currently a REALTOR® for Century 21 Bay Realty Group in Hercules, CA.

Regards,

Marizel Mercado