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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 6 times.

Post: Trying to Wholesale a property!!

N/A N/APosted
  • Posts 6
  • Votes 0

REI, what is the difference beween a short sale and wholesaling? I'm getting confused between the 2!!! :idea:

Post: Trying to Wholesale a property!!

N/A N/APosted
  • Posts 6
  • Votes 0

Thanks REI!!

Post: Trying to Wholesale a property!!

N/A N/APosted
  • Posts 6
  • Votes 0

Thanks REI!! Im just trying to get some information before I call the person back. I figure I have the weekend to enhance my knowledge. Right now I do know I have to get the house under contract which I have but my question is if they are facing foreclosure, how do i get the bank to slow the process if I'm planning on buying it to keep or assign it to anothe investor? REI you are the MAN, what books do you recommend? I know a little about wholesaling but for some reason I feel that it's not that easy, just about getting a house under contract and then signing it over to an investor for a profit! Please can someone explain in detail, thanks

Post: Trying to Wholesale a property!!

N/A N/APosted
  • Posts 6
  • Votes 0

I just got a call from a person facing foreclosure. What step should I take next? I already have a copy of a contract, do I need to call the bank or do the home owner have to call the bank. What steps do I need to take before I get this contract signed by the home owner? Open to any suggestions. As you probably already know I'm new to real estate investing!!

Post: Wholesaling

N/A N/APosted
  • Posts 6
  • Votes 0

Hi my fellow investor! Is an offer to purchase and contract form different from a contract that I want to wholesale to an investor and where can I locate that form if different from purchase contract?

Thanks

Post: REO Advice

N/A N/APosted
  • Posts 6
  • Votes 0

Hi my fellow investors!! I'm in the process of trying to put an offer to purchase a REO thats been on the market for 90 days and I contacted the listing agent but he's trying to get me to submit a $500 dollar ernest money deposit, just to make an offer. Is there anyway I can get him to submit my offer with just $50 as ernest money, please advise!!