All Forum Posts by: Jordan Freeman

what is your business? am not entirely familiar with crowdfunding

hey bp, I was curious about what would be the best way to invest 25K. I have been doing a lot of homework on SFR but I feel that in my area (dfw) the market is already at the highest point or is definitely getting there which would mean it to be a likely bad choice to invest in buy and hold at this time. I have heard of RE syndications but am not sure how to get involved. the 25k hasn't been reached yet however would love some insight on what would be a good choice at this point in time. thanks!

hey @Clifton Kaderlithanks so much for the insight! what I meant by the end buyer was when wholesaling using a cash buyer. I guess the better word choice would of been cash buyer.

thanks for the help guys! does anyone in this thread commonly do probate? what is the market like in your areas?

hey BP, was curious about the possibility to use notes to finance deals. is this something that is practiced commonly? and if anyone has experience with this I would love to hear how the deal went for them.

I was wondering if this could be used to finance wholesale deals? such as not having an end buyer but rather using the note to finance the deal? this seems far fetched however would love some insight.

are notes a good way to finance fix and flips or buy and holds?

hey bp! been a while since ive posted a forum however ive been recently looking into probate and foreclosures as potential fix and flip options. I have heard you can get access to all current foreclosures and probates from your local county clerks office. does anyone have an idea what kind of fee is charged for this? I plan to go up and ask but if anyone has experience taking this route I would love to know how the deals ended up for them. thanks a lot!

hello fellow bp members, hope all is well. Here to establish connections and good business relationships. Hoping to hear from several investors in the Dallas area. I'm located in plano and looking for partnerships, and people needing help with current rehabs. Was curious to know of some good title companies, real estate attorneys and agents/brokers. Also curious to connect with some cash buyers and all sorts of real estate professionals. All colleague requests welcome! Recommendations for these professions would be awesome as well if anyone knows of some good guys to help build a business with. Super excited to connect with new people. Thanks!

 Hey guys, great discussion here. Glad to get some feedback. TX is also seeing it's share of difficulties for wholesalers. It seems people are either tired of losing money on their homes or nobody is motivated to sell. I feel a double close is a more professional approach. What do you say tom?

hello bp. I have currently been doing much research and been learning great things here about wholesaling and all types of investing. I thought I would get some input today about a few questions I had related to wholesaling. Let's say I am a buyer, and I have my own cash (say $80,000) and I am looking to do quick flips with this money by buying the property at a discount in cash, and selling it retail. Now this is what I'm curious to know, if I am a licensed agent, can I pay cash and immediately market the property as is, for full retail? It would be a double close but without the necessity of having an end buyer to cover funds since I would have it already paid in cash. Would banks have any issue lending conventionally to a buyer? There would be the quickest convenience for the seller being that I have my own money and it would also save money on the end of marketing to property if I am not mistaken? Wondering if anyone has any thoughts on this. I know people have mentioned that banks require sometimes a certain period of time for the seller to own a property before they will buy it also, is this true? Thanks!

Hey bp, I was very curious to know if most buyers require proof of funds or most banks before allowing a contract on a property? Are you able to simply say you will have cash on a certain date and use your buyers funds via assignment or do they require before hand to have proof of funds? Also, was curious to know of some good title companies or agents located around the north dfw area around plano. As well as any cash buyers in the area whom I may be able to connect with. Thanks guys!