
6 February 2019 | 0 replies
Then the investor can essentially sell our service to the buyer who's going to rent out the unit as an alternative to needing a property manager for the recurring maintenance issues in the future.The investor would also get a lifetime residual on the people who use our service so they would continue to see an income stream from the flip for years after they have already sold the home.I would love some input on this idea, I think it's an awesome opportunity for those looking to increase their capacity to sell more homes.

16 February 2019 | 5 replies
Then the investor can essentially sell our service to the buyer who's going to rent out the unit as an alternative to needing a property manager for the recurring maintenance issues in the future.The investor would also get a lifetime residual on the people who use our service so they would continue to see an income stream from the flip for years after they have already sold the home.I would love some input on this idea, I think it's an awesome opportunity for those looking to increase their capacity to sell more homes.

11 February 2019 | 3 replies
We have to take a decision about how to use the capital at our disposal as well as how to make the best use of our borrowing capacity.We want to invest in multi family as we realized that condos and SFR will not get us where we want to be within timeframe. 2 options:1) use our capital to make down payments on as many multi family as possible through conventional loans (which means a max of 4 mortgages x 4 units each = 16 doors) Or2) use our capital to make a down payment on a commercial property of 12 -20 doors and not use our personal borrowing capacity Objective wouldn’t be to stop there but to continue to acquire some buy and hold multi family properties after these initial acquisitions.
12 February 2019 | 1 reply
What are your needs and capacities in terms of time and energy you can put into deals?

13 February 2019 | 9 replies
For clarity; as with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.

16 February 2019 | 20 replies
There is a copious amount of SJC case law that clearly establishes that a person who has signed a purchase and sale agreement takes equitable title--a property interest.In fact while you are at it, I would request guidance on whether a licensed agent, when acting in their agent capacity, is actually in breach of their fiduciary duty when wholesaling (i.e. personally executing a P&S and personally assigning that P&S) either with or without a double closing, because they have made themselves an interested party in the transaction and are no longer arms-length.

12 February 2019 | 2 replies
first thing is check to see if you need a license for the type of loans you would be making.some states you do even for hard money.once that is figured.size up your borrowers using the three C's Character Capacity Collateral.Make sure the borrowers are good run back ground and credit like they were tenants ( this tics off the Character Box).

13 February 2019 | 4 replies
v=Mq9pNvZKIyg&t=5s he makes good points.. but unfortuanly 95% of wholesalers violate the laws as he explained them..1. they dont have valid contract as he explains it becasue they dont have the intent or capacity to close it.. big cashed up investor can close those starting out with no money cant close .. 2. and he quash's the equitable interest theory as well.Show me a wholesaler that does not send over a pic of the house and a description of the house.. ???

22 June 2019 | 54 replies
You mentioned you are not sure how to work with realtors in this capacity, its actually not as hard as you would think.

15 February 2019 | 10 replies
I would consider it but only in my operating area - Already have one in Topeka and dont want to open another here at the moment (36 bed capacity) Lawrence, Kansas City with Wichita being my first preference - Wichita is the only area I'd open a home plus at for now and it would need to be large enough to fit 12 residents and would need a sprinkler system as that is a state requirement once you get above 6 or 8 residents -- I'd have to double check the regs.