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All Forum Posts by: Kyle Holsey

Kyle Holsey has started 16 posts and replied 40 times.

Post: Quick question

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

How do i get the comps on a property? and what is comps?

Post: Looking to network with other MI investors!!!

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Hey I'm a new wholesaler in the Metro detroit area I'm looking to do some creative networking with other investors/ wholesalers in the Metro Detroit area lets build a positive profitable business relationship!

Post: Any Whoesalers in Michigan?

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Any Whoesalers in michigan I'm having a hard time finding a title company that deals with wholesalers do you know of any good ones around the area?

Thanks i appreciate all replies

Post: Closing Help!

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

ok so if the end buyer uses his own title company then my check will be cut from his escrow account to me right?

Post: Closing Help!

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Thanks scott that helped out alot! ...one more question if i my end buyer wants to use his own title company how do i get a escrow account there?

Post: Closing Help!

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Ok i have a house under contract, and i have buyer already who i am going to assign the contract to..My question is when i assign the contract to the buyer and he pays me $1000 deposit does he pay the money to my title company? and if my title company holds all the funds who does my check come from at the closing my buyer or the title company? also do we all all close on the property at one time ? ( me, my buyer, and seller)

Thanks

Post: Define

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Hey I'm new to wheeling and flipping houses are there any terms like words that i need to get familiar with? thanks

Post: need prices

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

I'm new to whoseling houses, i just want to know how much is usually the cost to close on a home ?

Thanks

Post: Im New

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Thanks for all the replies i appreciate it, @ned why would i have to payfinancing costs, agent commissions, vacancy rate, management fees, if I'm only going to have the property for 45 days? and what agent? or manager?

Thanks

Post: Im New

Kyle HolseyPosted
  • Redford, MI
  • Posts 51
  • Votes 2

Hey i 26 years old and I'm new to wholesaling real estate, well I'm knew to real estate period...im trying something new to better my life and my family life I'm from detroit and i saw a opportunity here because houses are really cheap so some how some way i found out about wholesaling properties, Now I'm here and need to no is there anything i need to know? what common mistakes are made when starting out? is there any books i should read? Thanks i appreciate any information you will give.

Thanks