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All Forum Posts by: David Milanese

David Milanese has started 1 posts and replied 6 times.

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0
Quote from @Ericka Parrott:

Hi David learn what you need here on BP.  and here is a link to the files for contracts: https://www.biggerpockets.com/files

Thank you!!!

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0
Quote from @Joe S.:
Quote from @David Milanese:
Quote from @Michael Dumler:

@David Milanese, oh, man. Do not spend any more money on wholesale courses. Everything you need to learn/know is available online for free. Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. And yes, you are still responsible for wiring earnest money to the closing attorney/title company when you put the property under contract. The amount depends on negotiations between you and the property owner. 

Steps: you go under contact with the owner of the property, you assign the purchase and sale agreement to the end buyer, the end buyer closes, and you get paid the difference between the agreed-upon price between you and the owner and the intended purchase price of the end buyer. 

As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.


 Thank You! The course was a complete scam. The teacher was an actual financial educator but they repeated themselves a lot and were telling the students to go in and apply for credit cards DURING the course to purchase the next course for $15,000! They asked me to empty my savings, max out cards and then finally to take out a loan. It was “real success” Joe arias. 

So did you buy the $15,000 course?
No but I attended their 3 day event that was $300. I told her no and then she told me to sell my crypto, sell my stocks, apply for credit cards and offered me financing. Then tried doing the same to my 21 year old cousin. 

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0
Quote from @Sam Walls:

Hey David,

Happy to connect you with some wholesalers in the area that might be able to help you. 


 That would be amazing! Please and Thank you!  

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0
Quote from @Michael Dumler:

@David Milanese, oh, man. Do not spend any more money on wholesale courses. Everything you need to learn/know is available online for free. Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. And yes, you are still responsible for wiring earnest money to the closing attorney/title company when you put the property under contract. The amount depends on negotiations between you and the property owner. 

Steps: you go under contact with the owner of the property, you assign the purchase and sale agreement to the end buyer, the end buyer closes, and you get paid the difference between the agreed-upon price between you and the owner and the intended purchase price of the end buyer. 

As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.


 Thank You! The course was a complete scam. The teacher was an actual financial educator but they repeated themselves a lot and were telling the students to go in and apply for credit cards DURING the course to purchase the next course for $15,000! They asked me to empty my savings, max out cards and then finally to take out a loan. It was “real success” Joe arias. 

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0

Thank you! I’ll look for one in my area. 

Post: Wholesale knowledge please!

David MilanesePosted
  • Posts 6
  • Votes 0

Hey everyone, I attended some classes that turned out to be scams and watched every video online. It still seems confusing.

Where do I get an purchase agreement, how do I transfer into the investors name, do I put down earnest money???

I really need some step by step knowledge on what to do. My goal is fix and flip but I need to raise capital for the initial investment.