All Forum Posts by: Chase Brister

I need a wholesale clause that will allow me to back out should I not be able to find a buyer. Thank you.

What if I am not able to find a buyer?

If I get the assignment contract, how long do I have to find a buyer or buy it myself? And by assigning it to my buyer, I am just selling the contract to him for x amount of dollars? I'm still a little lost.

It's for sale by a realtor. I'm not sure if it's bank owned or not. I just brought up the double closing, because that seems to be the most common thing I have read of people using.

Howdy!
I believe I may have found a home I would like to wholesale. However, what are the ways to close the sale? Obviously, I need to find a buyer, but am I selling it to them for a set amount and then using that money to buy it from my buyer? Essentially, selling it before I buy it? I believe the term is double closing. Also, I have heard from mixed groups that double closing is illegal to do in Texas. Any truth to this? What other options do I have for sealing the deal? Is it best to only buy homes that are FSBO? Thanks in advance.

Joel Owens, would you mind elaborating on what your failures and what you did to recover?

J Scott, this is definitely one of my big goals, if not the biggest. Since I'm 19, I don't have my own family, but I'd love to be financially free early, to spend all of my time with them when I do have one.

Sam Craven, gig 'em and congratulations! I hope to make that jump myself very soon.

I was just wondering what you considered your real estate investing accomplishment to date. Perhaps a very creatively structured deal or reaching your desired net worth. I would like to use your accomplishments to help determine what I want my goals to be and what I want to accomplish.

I must say that it's great to have people who are excited and encouraging to a kid my age.. I've talked to people before, that I wanted to learn from, who pretty much refused to talk to me, just because I am young and can't just drop a 20% down payment on a house. So thank y'all.

I noticed on some posts I read that some people mentioned they got started at about 20. How did you guys go about buying your first property? I have just about enough money saved up for an FHA loan, but I'm afraid that a lack of credit history will keep me from getting approved. I also have not had a full-time job for the last two years, seeing as how I am in college and have to deal with classes and such. Any advice?

by the way Brandon Turner, i really enjoyed your articles "how to start investing in real estate at a young age" and "how to make a million in real estate." any thing else that you recommend reading?