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23 January 2025 | 7 replies
Quote from @Shawn Questa: A few times I've reached out to Cash Buyers and they would tell me that they are a part of an Investment Group and that they are ready to quickly Close Deals would be happy to work with me.Later I would come to find out that they are actually a Group of Wholesalers, like me.I guess I would prefer to Work directly with the Investor, Cash Buyer or Flipper.
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29 January 2025 | 0 replies
Secluded in the woods, but still close enough to town.How did you find this deal and how did you negotiate it?
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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24 February 2025 | 14 replies
I have now sold off 2 homes, I will close on another in Jan 2025 and a new tenant is interested in buying the rental home in 2026.
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28 January 2025 | 1 reply
We just closed on a 71-unit apartment complex, our largest purchase to date.
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22 January 2025 | 14 replies
The whole point of a cash offer is speed and certainty - if you can bring a pile of money to the closing table today, I dont have to worry about you not getting the money to close.
16 January 2025 | 1 reply
This was my first deal, and house hacking made the most sense because it lowered the threshold for risk in my mind.
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6 February 2025 | 10 replies
A lot of it might feel like wasted time, but it's just practice until you find a deal that works and you close.
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27 January 2025 | 6 replies
My company offers fast-closing, no credit/bad credit loan packages in 44 states and referrals in the other 6.
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11 January 2025 | 7 replies
My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.