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13 November 2024 | 15 replies
They asked, “why do you care about junior lies when you are in first position?
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15 November 2024 | 5 replies
They don't care about your criteria, since it's not going to change the kind of deals that they come across.The take-away here is not to be like most newbie wholesalers: Don't do "carpet-bomb" marketing!
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14 November 2024 | 15 replies
Be careful with FHA some loans will keep the PMI for the life of the loan.
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13 November 2024 | 2 replies
Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month.
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13 November 2024 | 8 replies
It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed.
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14 November 2024 | 4 replies
Before you take any action be sure to think carefully about what your goals are in the short, medium and long term.
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15 November 2024 | 12 replies
Be careful of marketing the property on your own, there are a lot of scams out there directed towards tenants.
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13 November 2024 | 0 replies
Adding rooms does create the potential for more conflict but carefully thought-out floorplans, designate wet and dry storage spaces, and provide supplies.
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15 November 2024 | 15 replies
I never cared what they are making as the assignment fee, as long as I knew the numbers worked on my end.As for a purchase & rehab lender that will finance up to 100% of the wholesaler's assignment fee - I can introduce you to one that finances that and also 100% of the purchase & rehab up to 65-75% of the ARV.As a lender I sometimes receive off-market properties from wholesalers and other sources and share them to our borrowers if they fit what they are seeking.
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14 November 2024 | 12 replies
Each step brings you closer to achieving your dreams, and with careful planning and perseverance, you’re sure to find success on your real estate journey.