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Results (10,000+)
Gerald Harris Avoid Most Of Your Real Estate Wholesaling Problems If You Follow These 5 Rules
12 December 2024 | 1 reply
Transparency is also key, along with a solid follow-up system that can make all the difference.
Lorraine Hadden Should The Seller Reimburse Buyer For The Inspection Costs - Fixer Not Move-in Ready!
11 December 2024 | 5 replies
We (the buyers) notified our agent that the property must also be move-in-ready.We received images of the interior and exterior which showed the property in move-in ready condition/what appeared to be minimal to no deferred maintenance issues, the listing said "property inmove-in condition/turn-key".
Joy McQueary Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Matthew Posteraro Long Term Rental Analysis - Multifamily
12 December 2024 | 6 replies
We use a custom spreadsheet and DealCheck to break down key metrics like cash-on-cash return, cap rate, and debt service coverage ratio (DSCR).
Timothy Franklin Clarifying the wholesale transaction
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.
Nadia Jones Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
John Williams Downside of the 1% rule...
23 December 2024 | 34 replies
While it’s a helpful quick filter, the bigger picture—appreciation, tax benefits, loan paydown, and compounding growth—often tells a much better story over 5-10 years.The key is balancing cash flow and long-term gains.
Xavien Rafael Portfolio Lenders: The Hidden Gem for Real Estate Investors
11 December 2024 | 1 reply
However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.
Itay Heled Anyone use Furnished finder leads of individuals for an entire house?
16 December 2024 | 18 replies
For the first 2, location and amenities are key.