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15 December 2024 | 4 replies
Hire a contractor or GC with clear terms for execution and completion.Secure financing early, whether through cash, private lenders, or hard money loans, ensuring reserves are included for unexpected expenses.
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15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
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12 December 2024 | 37 replies
However, I know of some great wholesale nationwide providers/private companies.
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15 December 2024 | 9 replies
If you wanted to refill it more than the city allows, you would have to get private water to come to your house.
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10 December 2024 | 25 replies
Without diving so deep into the weeds, the biggest factors I tell people who want to start out passively are:1.
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14 December 2024 | 5 replies
The list is a combination of private and public data.
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18 December 2024 | 13 replies
After arrival they're disappointed to find it's not a private bedroom, which leads to disgruntled guests that search for way to get a refund and leave bad reviews.
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13 December 2024 | 16 replies
It just so happens that a situation came up with family to do a private loan that will work for me at this time so I've paused working with Sal at the moment.
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11 December 2024 | 6 replies
Hi Jewell,The first thing is to see what is lacking the most in the property since small upgrades will have the biggest impact in the areas of low quality to start.
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15 December 2024 | 7 replies
Hughes Private Capital offered a fund which was Guardian Fund LLC that purchased properties.