
6 June 2014 | 1 reply
Likely the abandoned mobiles aren't worth very much and you will have to file for abandoned title in order to resell them to tenants.

11 June 2014 | 6 replies
BUYER ENTITLED TO MAKE A PROFIT: I understand Buyer may resell The Property and may realize a profit in doing so.

9 June 2014 | 1 reply
The taxes owed are about $45,000 and the house could only resell for between $100,000 -$110,000.

20 June 2014 | 18 replies
But being able and ready to close on it, even with hard money or transnational funding and reselling would be a good way to keep most of ht profit.
10 June 2014 | 4 replies
I just separated two houses one lot, so as to resell.

11 June 2014 | 6 replies
Again, it is a gray area) you perform renovations or even just cosmetic fixes on these houses that you buy and later resell and/or a substantial percentage of your income came from flipping, well then chances are that they'll determine that you ARE in the flipping business and you can kiss goodbye any dreams of only paying long term capital gains rates on the profits for any flip homes held for more than a year!

10 June 2014 | 8 replies
I will make an example to see if this fits your scenario- The realtor sets an automatic daily search in the MLS with your parameters and you get a daily email with a link to properties - When you find a property that looks good to wholesale you call the agent and provide him the deposit check, proof of funds and the conditions of your offer, he makes the offer in your name (for example on 100,000$)- The listing agent presents the offer to the owner- If the owner accepts your offer, you calculate the price for reselling the contract (let's say 110,000$) and you start looking for investor to assign your contract- You find an investor and agree a price (let's say 105,000$) and to close in the established day according to the contract you have- If the investor is willing to use your agent, then he will represent the buying side and the listing agent will split the commission with your agent (typically 3% for the listing brokerage and 3% for your agent's brokerage), which is transparent to you because the seller is the one who pays that to the listing agent.- Then you will pay part of your assignment fee to the realtor, according with your agreement (30% of 5,000$ = 1,500$ if you found the investor or 70% of 5,000 = 3,500$ if the realtor find the investor) There can be an issue - Probably the investor has his own Realtor to handle his purchases, in that case you will need to figure out something mutually agreed with your Realtor, because he and his Brokerage will not get his split of the commission from the listing agent at contract closingAnyone has a comment about this?

11 June 2014 | 9 replies
We love the house, but would have resell concerns as this is a starter home for us.

11 June 2014 | 5 replies
Our plan is to buy, rehab, and resell, although I foresee a time when we may need/want to wholesale a property as well.

7 September 2015 | 77 replies
Scott Campbell, many times the foreclosing lender does not record their deed until just before they resell the property.