Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
I like the idea of getting a great deal, so should I take a pay cut, invest in getting my real estate's license, go the CCIM route, and find a broker to sponsor me until I'm a CRE broker and earn of the commission and get into bigger deals as a GP?
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.
Eryn Garcia
My pickle/real estate woes, help/suggestions
19 January 2025 | 5 replies
Call the State Banking Commission tomorrow.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
Most of the work will be following up with warm leads already.)When you say you’re taking a job, will you be an employee on salary + commission or an independent commission only “contractor”.
Saika Maeda
Buyer Agent's commission and tax write off
9 December 2024 | 8 replies
Does that same logic apply to "buyer agent commission"?
Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
Start with the county, zoning, planning commissions etc.
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
The point of the contract is to provide value to both buyers and sellers and this deal saves the buyer over $1M in interest and easily $100k in furnishings while getting the seller their full equity and saving buy side/sale side realtor commissions.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
12 January 2025 | 7 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
Kathy Creighton-Smith
LoanBidz lending reviews
21 January 2025 | 14 replies
A lender is the middle man who will sell your loan to the big banks and in most cases charge you points and higher fee's to support the branch and loan officers commissions.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
As noted, commission are always negotiable as are brokerage options (full service to discount companies that pretty much just post it on the MLS and you work with all calls, offers, etc) and an agent can go over likely net out scenarios with you and give you an idea what you likely will be able to net after closing expenses and paying off the mortgage balance.