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1 May 2024 | 9 replies
The issue with wholesaling with a license is taking a wholesale fee outside of the brokerage, which you can not do and would cause you to lose your license.Marketing to get in doors with a license and the ability to buy is fine, but the second you assign a deal to someone and take the spread and the brokerage does not get a cut, you are in jeopardy.You are convoluting marketing as an investor and wholesaling while backpatting yourself multiple times in both posts.
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1 May 2024 | 4 replies
Even if he is upside down on it, he has to then not have the resources to cut a check at closing to get out from under it.We don't say it out loud very often, but a sub to transaction is a bad deal for a seller.
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1 May 2024 | 7 replies
For another, the cost of management is going to seriously cut into or possibly eliminate any profit.
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1 May 2024 | 26 replies
But only ONE of the leads says "Cut off account for nonpayment."
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30 April 2024 | 101 replies
It's very tough decision for me.- If I should cut loss.
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1 May 2024 | 8 replies
., rural quadplex STR) and no direct lender can do the deal, then it makes sense to reach out to a broker and cut them their fee, as they can help you navigate the market more easily to find funding for your deal.
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29 April 2024 | 3 replies
Scripts can be a double-edged sword.
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30 April 2024 | 7 replies
DSCR would be the easiest route and then you can rent all the units instead of living in 1 and cutting your cash flow to 2 versus 3.
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30 April 2024 | 18 replies
Since then I believe his cut of monthly owners draws have roughly been $2000 on a bad month and over $3000 on a good month.
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30 April 2024 | 6 replies
Maybe offer them a cut of the equity or just structure it like a loan. 4.