It seems there is room for my buyer & myself to win, even with rehab but...I would like to travel there & check these out w/home inspector especially since I'm so new.What do you experienced wholesalers encounter with due diligence contingency?

It seems there is room for my buyer & myself to win, even with rehab but...I would like to travel there & check these out w/home inspector especially since I'm so new.What do you experienced wholesalers encounter with due diligence contingency?

Of course I wouldn't have if I knew they were going to bail on me when we encountered the first few problems, and it looked like maybe I made a mistake..I could have told them your in and you're staying in.

But the LLC is formed by me and my husband, so will i encounter city transfer tax?

An active wholesaler in my area has commented they are having a very difficult time finding investors for their wholesale deals and are now "holding" more instead of selling.Would appreciate any input from active wholesalers in this forum as to what you are encountering in todays market and if you have had to change your strategy.

I am not saying that once I get into this field of short sales transactional funding that I will not encounter something unusual that may cause me financial problems personally.

I also look at all the dates on stickers that are placed by past inspectors and handymen.

They cut the signs in half, take half and put one of their stickers on the remaining half.

Hi Julie welcome to bp this is the best site I have encountered yet good luck !!

Some loan programs I've encountered have required at least 35% down, even with good credit.I wouldn't mind purchasing at a higher interest rate and lower downpayment if I'm able to refinance later.