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12 July 2024 | 48 replies
Therefore, you may have to wait a little longer to sell to a retail buyer if you need to resell the property.As far as maintenance reserves, I recommend having 2 to 4 months worth of gross rent in reserve.
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9 July 2024 | 28 replies
If it's 10s of thousands then you can always buy it and resell it quickly.
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7 July 2024 | 19 replies
Most people prefer a detached property with some land on it because they're easier to resell than a duplex one.
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7 July 2024 | 1 reply
They don't get wiped out.If it is marked homestead you have 2 years to hold on to it, before you can likely resell it or do any reno.Also just FYI, I would not expect anything at Tarrant County sale to go for minimum bid.
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6 July 2024 | 4 replies
Or is it worth going the route to find another investor to buy it at the 335k mark so they can resell it for that upside?
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10 July 2024 | 256 replies
I am just guessing but reading between the lines his business sounds like a lot of the guys that buy junk tax deeds then resell them for profit and those holding the deeds never get redeemed and property worthless.. ????
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8 July 2024 | 42 replies
Let's see what happens when interest rates go up and these syndicators cannot resell or refinance because there is no more interest only loans and they must amortize at a higher rate!
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3 July 2024 | 3 replies
If “wholesaler” (used in the sense of contract flipping, not people who close on purchase and resell) were required to disclose in writing to home sellers that they are not purchasing the home, are only trying to “flip” the contract, and the sale will only close IF a buyer at a higher price can be found, would this eliminate the need (if a need does exist) for government regulations being enacted and or for “wholesalers” to be licensed real estate agents?
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3 July 2024 | 7 replies
In addition, most bank owned properties have no assignment clauses in them and often deed restrictions from reselling for a period of time.
3 July 2024 | 20 replies
It certainly makes sense to CLOSE on those and keep (to resell, rehab and etc.).