Therefore a double closing does not matter to them and affects no one.Lenderles, I think your extensive experience with mortgage brokering has given you an inaccurate perspective.

I am probably around a 7, I am a practicing attorney so it is in my nature to research extensively.

One example of a wholesale I did this year was a home I picked up for $52k 5 bed 1.5 bath, Well I was waiting to close it I called around to a few investors, I ended up selling it the day I closed without lifting a finger for $64k on a 6 month lease option with a $2000 extension fee.

:lol: Now on the flip side, the amount of rehab that all but 2 of these properties needed was extensive.

Property Type:Residential and Commercial, investor properties onlyLien Position:First Mortgage onlyLoan Amount:$25,000 Minimum to $500,000+Funding Rate:Up to 70% of the After-Repaired-Value (ARV)Standard Term:12 months with monthly extensions possible.Standard Interest:Typically 13.75% with no payment due in the first month.

We provide the most extensive people locate, address verification and people finders data in the industry.

I hope you guys/gals show the same enthusiasm and share your knowledge.A little background about me (you can skip this if you'd like) 23, just started researching about a week and a half ago; extensively if i might add, live in the panhandle of Florida and plan to take my Real Estate Sales Associate class in 2 months.Initially I wanted to use this information to get inside of the heads of my buyers and sellers but I am more intrigued by investing myself.

Obviously, you have to have it done before the foreclosure sale (sometimes you can get an extension from the bank).

Hi Everyone,I am glad I found this forum, it seems to be one of the more active ones.I come from an extensive background in Real Estate brokerage and investing (Foreclosures Fixer Uppers, Notes etc.).

I personally don't get property inspections, but I also have extensive experience in construction, maintenance, and rehabbing.