All Forum Posts by: Jodie Fae

I either lock them up with the owner or i have a private lender that sends me deals that the borrower is looking to get out of.  I have, but don't really like to sell the deal unless i have a full understanding of the property.  I believe a good wholesaler is someone that you can rely on from the start.  If you have time come to the NY/NJ/PA
Real Estate Investment Networking   we meet every Tuesday at 10:00 come and check this group out you learn and network with some locals and share information.   Here is the link via zoom come join today at 10:00a.m.
zoom.us/j/817822016

I'm a wholesaler in the area and would love to help you in anyway especially finding you deals.  what type of investments are you looking to get into, single family, commercial, etc?  I'll send you whatever you are looking for. 

Hello everyone please stay far away from the company HUDSON Lending Company he is a fraud, just want to worn everyone if they should come in contact with this made up Lending company.  Remember if it sounds to good to be true it probably is.

Thank you for all your responses these are all great ways to think at this situation. :) Lydia, yes maybe the middle ground we can work out i really hope so.

Thank you for this  Kyle,
I told him that i would agree to coming down where he needs to be in order to get the lender to approve, however according to my attorney he said he could write up a note to secure this on a mortgage the remaining amount he would owe me.  Does that make since?

thank you

I'm a wholesaler and i have a contract for $110,000 with the seller. I assign it for $30,000 now the buyer is coming back to me and saying the lender will only be able to lend at $125,000 cutting my $30,000 deal.  SHould i agree and cut my losses or re structure the deal that he will owe me on the backend of the sale?

How do Wholesalers usually pay a realtor if the realtor is the one to bring the buyer? How does that look on paper (Example please) and is it legal in the NJ?

i'll be using him for the down payment on my fix and flip. I'll be holding the private money in my name and the partner will front me the down payment. Question should i have him front the cost of the rehad which is $42,000 or should i just use that with my private lender?  

any advice will help since i'm doing this for a first time. I will be laying everythting out with an attorney maybe even set up an LLC with the silent partner in case i or he dye in the middle of this...? ALways have to cross your T's.

THanks in advance

Raymond,
few questions about MB Capital Solutions, after several years can you give me your honest opinion of MB Capital Solutions and how they worked out for you?  Also do you find using C.C as a form of credit works better for you then hard money lending?  I chose MB and now i'm having second thoughts just hoping you can give me some reassurances since you worked with them?