Patricia K.
Realtor commission???
5 March 2011 | 4 replies
I'm not sure what state the property is in or what the rules are there, but in my state, a realtor has to show that they are the "procuring cause" of the transaction in order to be paid.
Jennifer Dargento
Tips for speaking with lenders for the first time
21 April 2023 | 24 replies
They make a commission / origination fee off of loans they procure.
Murray Reginald
Finance Strategy to Purchasing Off Market LTRs
8 May 2023 | 12 replies
My suggestion is to procure rentals in the same manner as flipping, by acquiring distressed properties and increasing equity through rehabilitation.
Kyle Kreider
Searching for opinions Savannah Ga property management
20 April 2017 | 2 replies
Some charge 50% of one month's rent, which is what our company does, so for a home in Berwick, you would actually save money using a company that charges a lower flat fee for a procurement fee.
Keldron Bonds
How do I utilize the VA Loan to create passive income?
1 December 2020 | 10 replies
The VA loan allowed my entry point into real estate by placing no money down versus other procurement methods, like a conventional loan.
Bryan Kelly
Private Lending Structure
6 September 2022 | 8 replies
All of these where procured the conventional way with my own hard earned money used as a down payment.
Nic Williams
Wholesale Columbus Ohio mentor
7 April 2017 | 1 reply
Highly disclose that you aren't the procuring buyer to the seller!
Bill Stinson
Should I make a lower offer now that agents contract is up?
11 August 2012 | 6 replies
I have never heard of a listing agreement that did not have the "protection clause" and any broker/agent that is the procurring cause of a sale will be entitled to a commission even from an expired listing contract.
Pawan J.
BRRR - the math doesn't work??
7 March 2016 | 11 replies
Another one i did was for a Line of Credit, I purchased for $32,200 with Cash, had to pay some back taxes and water bills,, the borrower stayed, and now rents from me, the BPO was $80K, my banker gave me a Line at $75% so $60K for me to procure with cash. its a fantastic system.
Sarah Jones
Realtor Issues - How to not pay them.
16 May 2012 | 46 replies
If a Realtor was the procurring cause of the sale they will be entitled to the commission, paid by the seller at closing from the proceeds of the sale.