All Forum Posts by: Yolanda Eiland

Looking for Recommendations for an Investor Friendly Title Company in Henderson, TX and the surrounding areas. Thanks in advance for your assistance.

If you are a wholesaler in Dallas/Ft Worth (DFW) area and have a Title company you love to work with, please comment with the name of the company. Tell me a little about why you love to work with them, and believe they are the best. 

Thanks in advance!

Thanks @Sean Hill that was very valuable information you provided 

@Charlie MacPherson very well put. Thanks so much for your advice. This is most definitely a learning lesson for me.

@Lucia Rushton You’re right I most definitely need a mentor to guide me. @Lydia R. I may have to take you up on that offer.

Thanks everyone for the advice 

Thanks so much @Lydia R.

Thanks @Lydia R. everything at about this deal concerned me. Thanks for your advice it makes perfect sense 

@Bart H. thanks. I think I’m going to take your advice and pass on this deal because something isn’t right. The house is vacant and completely remolded. So I’m a little confused by the Real Estate Agent. She sent me the Contract requesting proof of funds from a Buyer. I’m not sure why a Proof of Funds is needed when there’s an option fee and earnest money involved. 

@Tchaka Owen thanks a lot. They did accept my offer. I’m waiting on the father to sign the contract. Because I am new to this I wasn’t sure if this something that’s normal for real estate agents or not. But I’m glad that you explained it it makes sense. 

I’m a new wholesale investor. I have a question for the group. I have a Real Estate agent in Austin, TX trying to get me to Wholesale a house in Dallas, TX. The RE Agent does business in both Austin and Dallas. Why would she need my help.

The house has been completely renovated and the neighborhood is decent. To my understanding there’s absolutely nothing wrong with the house. She says the house is her dads house and his reason for selling is personal.

According to DCAD (tax assessors office) her dad just bought the house this year. And has recently renovated it.

She’s asking for $100 option fee

$1000 earnest money and Proof of Funds Letter

I have nothing but her word that her dad is even trying to sale the home. But nonetheless she’s a RE Agent and has other homes listed in the Dallas area. Why would a RE Agent that has houses listed need a wholesalers help with getting a Buyer.

Based off of a previous conversation I’m having trust issues with this deal especially because I think she’s trying to get my Buyer’s information.

What’s your take on it. Am I being paranoid or does this deal sound fishy