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Updated about 9 years ago,
DO YOU MAKE THESE MISTAKES IN WHOLESALING?
Hey, BP!
Hope all is well.
I'm fairly new to BP & I've been doing due diligence on how to do simultaneous closings. I've been reading through your posts & looking at your recommendations.
Here in FL there are a plethora of leads available which could be a fairly large amount of profit for an investor.
I'm a marketing consultant so with my background I could get investors a 2100% or more ROI. I'm very much interested in actually closing my first deal & I'm looking for some insight.
I've got a plethora of cash buyers at hand & an investor friendly title company.
What I'd like to know is there a specific contract that you use & do you have an example? Second, is it a necessity to use transactional funding?
I'm asking because I was previously told that no hard money lenders would be interested in loaning me the funds without actual experience.
Last but not least, if I want to use my end buyer's funds to close the transaction & the title company won't allow it would it be possible to use a RE Attorney?
Any feedback would be much obliged!
All the best!