Michael H. Cook
"Shenandoah" STR: What to know
8 July 2024 | 35 replies
This checklist leads you to the Planning and Community Development department which will help facilitate a number of inspections and could have a small fee to initiate that process.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
It's all just facilitating, processing.On %, agent's are pressed, HARD, to make things happen.
James Lee
Solo 401K for real estate investing
4 July 2024 | 6 replies
Instead of a brokerage or custodian/administrator, find a facilitator.
Consuelo Peniza-Rodriguez
Question about personal information by Innago
2 July 2024 | 4 replies
"As a third-party online payment facilitator, Innago is required to collect tax information for any taxable entity that receives more than $600 in payments.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
My experience has taught me that it is just a human nature to seek the most benefit for them at any cost, even if it means harming someone who facilitates profitable transaction serving their interests.
Fred Haas
I'm finding some investors for some builders, what is a fair price to charge.
29 June 2024 | 1 reply
I'd have interest in facilitating these types of deals and paying you that fee that's nothing for the value you are bringing if you really are. that's about 2 points on a hard money loan which isn't a lot, if you are flexible on payment structures we'd pay you out of construction draw proceeds each time we receive money we pay a portion of your commission back
Aqsa Mughees
Need guidance for house flipping
26 June 2024 | 12 replies
Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.
Jayden Gales
Looking to Complete my first Deal
25 June 2024 | 10 replies
Also, a VA loan is a straight loan where you can use no money down which is a great advantage as a veteran versus a 203k loan which is a rehab loan which requires a 203k facilitator and contractor and the contractor gets paid in 4 draws that have to be approved first.
Nick Jackson
Reluctant end of a partnership
24 June 2024 | 1 reply
Begin by seeking legal counsel to understand default partnership rules and facilitate negotiations.