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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.
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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.
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18 December 2024 | 11 replies
And keep in mind private sellers and wholesalers dont help either when they wont entertain offers below ask either.
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17 December 2024 | 19 replies
Can you message me privately to chat?
13 December 2024 | 3 replies
Another option is to explore private lenders or HELOCs to cover the equity.
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20 December 2024 | 14 replies
Depending on the market your looking to work in.one way I find is to simply call one of the major title companies and ask to talk to an escrow officer and then ask them what companies does he/she see closing private loans in their market..
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15 December 2024 | 7 replies
Hughes Private Capital offered a fund which was Guardian Fund LLC that purchased properties.
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10 December 2024 | 7 replies
If you thought it was private, then private to who?
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15 December 2024 | 13 replies
It does have nice destination and asan owner i like the private beach (not so good for the public).
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13 December 2024 | 8 replies
Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property.