
13 December 2024 | 6 replies
Nope that does not apply to business purpose financing.

10 December 2024 | 4 replies
How did you finance this deal?

6 December 2024 | 17 replies
Specifically, I’m interested in house hacking as a way to begin practicing real estate after I graduate from college.Can anyone share some learning directions, tips, or experiences?

10 December 2024 | 0 replies
We found this one on the MLS How did you finance this deal?

11 December 2024 | 68 replies
Suggest you take on another paid position to better situate your finances.

15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.

5 December 2024 | 4 replies
We are interested in acquiring a property that she can live in starting her sophomore year and hopefully have roommates pay for the mortgage.Any tips on the best way to finance this?

15 December 2024 | 14 replies
Lenders will finance up to 80% of the appraised value, so if the value does come in lower, that will result in a lower loan amount.
5 December 2024 | 11 replies
We actually found it on market and we were able to finance with the 5% Fannie Mae conventional loan.

13 December 2024 | 35 replies
First things first: Before diving into any market, talk to a lender to understand your financing options and get pre-approved.