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Can someone clear this up for me or confirm my understanding? Is this how transactional funding works: 1. Secure a contract for $50k. 2. Secure Transactional funding at say 2%3. Secure buyer (not sure how to do this i...
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Hello BP,I am currently under contract for a duplex through a wholesaler with $5,000 deposit as earnest money. I was set to close on a duplex the other day and as I got to the property to get a contractor bid I discov...
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When you buy an "owner occupied" property from Bank of America, the purchase agreement has a special addendum to cover circumstances that arise when the foreclosed-upon owner remains in the home after the foreclosure....
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Situation: found a first-buyer for the property, signed a Purchase Agreement and the inspection is schedule for next 4 days. I asked the realtor agent if I could continue showing the house, he said "no problem". Howe...
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hello BP members, I have one year in real-estate and so far I have acquired 2 properties from a wholesaler through my real estate agent I am located in Houston Texas. lately I want to go off market and send mailers do...
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So I currently have 6 houses and a 19 unit storage facility but I am starting to realize the competition to get these houses are getting harder and harder. I have decided to get into wholesaling and try and find some ...
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When working with sellers who have sought you out directly, (often looking to save themselves 5% on a sale of a distressed property) thus no agents are involved, what forms are you using for offers and contracts befor...
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Hey All - First time post here. Just closed on our second investment property, and am having a little problem. I sent an email to the sellers of the house that we just bought (we gave them 30 days after close to tak...
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So while I drive every day I watch for potential real estate that looks like its just sitting. I have found quite a few properties and am wondering if anyone has a clear and concise "offer letter" template that is pro...
Hello,I am interested in acquiring a parcel of land (3.4 acres) for a multifamily construction project. It is currently zoned multifamily with 27 total units density. I am interested in submitting an offer, or at leas...