All Forum Posts by: Tyler Gums

@Mateusz Prawdzik as a wholesaler I'd be looking for motivated sellers usually distressed properties or they are in a distressed situation and they need to unload the house fast. I would then find out how much the seller needs in order to be happy and move on from the property. If this number gives me a big enough spread between what I feel it is worth I can then put it under contract and assign the contract or do a double closing with a buyer, usually the buyer being an investor for fix & flips or an investor for rentals. I would like to focus more on opportunities that I would be able to do a double close. @John Thedford I see your points & have read many of your replies on this subject. I will be contacting lawyers this week to get a definite answer but in my opinion I would not be acting as a broker. I don't want to represent A seller or A buyer as a broker would. I want to represent my self & my interest in a property. As a broker from my understanding you are providing the service of transaction & marketing for a seller or a buyer, not actually purchasing the house and reselling it. I've studied real estate rules and regulations and from what I gathered ( though I'm still learning) it seems to me as a realtor you'd be acting against the code of ethics by buying a property at a discounted price & then turning around and selling it for more because that is not in your seller's best interest as realtor? I do agree that advertising or marketing the property that you don't own goes against chapter 475 but I have yet to find if the Equitable interest by signing the contract gives you the right to advertise as if you are the owner which I will clear up with the lawyers.

I'm looking to start wholesaling in Florida. Does anyone have advice on where to find contracts for assignment and contracts for a double close?  Also any recommendations on title companies to use? 

Thank you!

Thank you all for your advice. I called a hard money lender this morning but got a voice mail so I'm waiting on a call back. I plan to buy, fix & sell for now. Any pros or cons on hard money loans?

Thanks!

I'm new to the real estate market and I'm looking to buy my first house to flip in the next couple months. Problem is I can't get a tho an from the bank due to my landscaping business is less then 2 years old. I will be investing in homes located in pinellas county Florida, any help would be greatly appreciated?