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All Forum Posts by: Alan Mohabir

Alan Mohabir has started 2 posts and replied 5 times.

Post: NEED HELP!!! Trying To Handle My Biggest Deal EVER!

Alan MohabirPosted
  • Rental Property Investor
  • New York, NY
  • Posts 9
  • Votes 3

Thank you so much to everyone who has helped! I closed the deal yesterday. I am super excited and would be stoked to help anyone else in finding great deals containing more than $60k in profit. For more inquiring on how I acquired and set up the deal, send a friend request and inbox me. I would be more than happy to share my knowledge. SPREAD KNOWLEDGE TO GROW WEALTH!!!

Post: NEED HELP!!! Trying To Handle My Biggest Deal EVER!

Alan MohabirPosted
  • Rental Property Investor
  • New York, NY
  • Posts 9
  • Votes 3

@Wayne Brooks I have heard that I can avoid transactional funding by having the end buyer coming into the title company to close first putting the money in escrow , before the seller comes in to close just hours later.

Post: NEED HELP!!! Trying To Handle My Biggest Deal EVER!

Alan MohabirPosted
  • Rental Property Investor
  • New York, NY
  • Posts 9
  • Votes 3

@Jim Pellerin Thanks so much that helps immensely, and I am based in NYC, so I am almost certain double closings are legal in this state. 

Post: NEED HELP!!! Trying To Handle My Biggest Deal EVER!

Alan MohabirPosted
  • Rental Property Investor
  • New York, NY
  • Posts 9
  • Votes 3

Hey, I am starting out Wholesaling and I have a deal underway with an assignment fee of $91,000. Noting the profit I am going to make I wanted to undergo a Double Closing. I was wondering about 2 things. The first being are there any assignment contracts someone can send me that states my assignment fee within the Sale Price, and the second question was, are there a different set of contracts for double closing, as opposed to a regular closing.

Here is my exact deal.

I got a home under contract for 200k, and I found a buyer that will pay 291k. What contract can I use that hides my fee, or what can I do to hide my fee.

PLEASE ANSWER IN DETAIL...I AM VERY CONFUSED and this my biggest deal yet and I dont want to mess it up AT ALL!! PLEASE HELP

Post: Wholesale Contracts PLEASE HELP!

Alan MohabirPosted
  • Rental Property Investor
  • New York, NY
  • Posts 9
  • Votes 3

Hey, I am starting out Wholesaling and I have a deal underway with an assignment fee of $91,000. Noting the profit I am going to make I wanted to undergo a Double Closing. I was wondering about 2 things. The first being are there any assignment contracts someone can send me that states my assignment fee within the Sale Price, and the second question was, are there a different set of contracts for double closing, as opposed to a regular closing. 

Here is my exact deal. 

I got a home under contract for 200k, and I found a buyer that will pay 291k. What contract can I use that hides my fee, or what can I do to hide my fee. 

PLEASE ANSWER IN DETAIL...I AM VERY CONFUSED and this my biggest deal yet and I dont want to mess it up AT ALL!! PLEASE HELP