Aidan Osterdyk
Real Estate Data Sources
14 December 2024 | 5 replies
The list is a combination of private and public data.
Eli Edwards
Newbie to Fix and Flip
15 December 2024 | 4 replies
Hire a contractor or GC with clear terms for execution and completion.Secure financing early, whether through cash, private lenders, or hard money loans, ensuring reserves are included for unexpected expenses.
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
Unprecedented levels of investment in private and public projects have made Kansas City a major entertainment and employment hub.The Kansas City economy is diverse with numerous employment opportunities and a growing population.
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
The meetups are an excellent place to meet equity partners and private lenders and build relationships with them.
Michael Le Blanc
Fredericksburg, TX - Short Term Rentals (AirBNB/VRBO)
15 December 2024 | 9 replies
If you wanted to refill it more than the city allows, you would have to get private water to come to your house.
Timothy Franklin
Clarifying the wholesale transaction
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.
Colby Easterling
What not to do!
10 December 2024 | 7 replies
If you thought it was private, then private to who?
Shwetha Pindikuri
Getting a second mortgage on an assumable loan to cover the equity portion
13 December 2024 | 3 replies
Another option is to explore private lenders or HELOCs to cover the equity.
Marc Cohen
Poughkeepsie NY Real Estate Investing
17 December 2024 | 19 replies
Can you message me privately to chat?
Jordan Ray
New investors getting Stuck on list price
18 December 2024 | 11 replies
And keep in mind private sellers and wholesalers dont help either when they wont entertain offers below ask either.