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Updated over 15 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Jonathan Ferrari
  • Real Estate Investor
  • West Palm Beach, FL
3
Votes |
17
Posts

New Wholesaler Needs Help

Jonathan Ferrari
  • Real Estate Investor
  • West Palm Beach, FL
Posted

Hello,

My name is Jon I am a new Investor and i dont have any capital so I am going the wholesale route for now. I have many unanswered questions and I hope u guys can help

1.How do i approach a homeowner to trust me and to sign on the line when i whip out my own contract.

2.Once under contract do I start the title process? is the title work payed by or at closing as part of closing cost? what if i don't sell in the 30 days do i pay for that title work?

3.Do i make money off assignment fee or do i make money by bumping up the price and keeping the difference?

Thank You All
Jonathan

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