John C.
Is wholesaling legit, legal or worth the time?
12 June 2021 | 120 replies
I think the point your missing is that those companies BUY the product then resell it .. 95% of wholesalers say they are going to buy it to induce a seller into a contract and then dont.. white lie..
Ryan Morrissey
Collections Services in Fall River / New Bedford, MA
9 September 2019 | 7 replies
My experience in year 1 has been 10-15% as a lot of poor quality tenants were in place at the properties I purchased and we have intentionally induced high turnover to clean house through evictions and rent raises, improving each of the units during the turnover.
Jimmy Rojas
Can one take over payments and put the real estate in their name as owners
8 September 2023 | 4 replies
Knowingly hiding the transfer from the lender to induce them to continue allowing the new person to make payments at the lower rate to a borrower that was not part of the original contract could technically be considered mortgage fraud, so simply be careful that you're not doing anything shady.
Amy Zagorski
WWYD: sell home use that money to start out OR get creative?
7 September 2023 | 6 replies
And when I walk into the gross, smelly, mess of the house that I thought was a good idea to own, it just reeks of anxiety inducing "this better work" vibes.
Craig Hordlow
Can You Unravel this Mortgage Fraud Scheme?
7 September 2023 | 2 replies
He's currently being prosecuted by the DOJ for bank fraud too.I'm leaving out contextual details to keep this short, my question is: if a buyer wants to borrow $3.25m to buy a $4m property without showing financials, and they have $3.25m in an account with Bank A, could that be used to induce a $3.25m mortgage from Lender B?
Clifton Monte
Best Savings Vehicle?
8 June 2021 | 10 replies
@Joe SplitrockJason Hartmans classic “ Inflation induced debt destruction” and just another reason why buy and hold is so powerful.
Alexander Wardell
Wholesale Cape Cod, Massachusetts, Bourne, Fall River,New Bedford
13 September 2018 | 14 replies
This is the textbook definition of "Fraud in the Inducement". https://legal-dictionary.thefreedictionary.com/fra...Want to do it right?
Carlos Ptriawan
2023 Market activity = almost equal to 2022 market equity
17 June 2023 | 79 replies
Nothing on inducing a recession, not in manner most associate that thought, especially not a collapse which is most fertile ground for small business. no, it's a consolidating event, to "meter" the economy, putting a "control" on it all, and thus a very literally control center to adjust corporate profits on demand.
Shilpa Shankar Bhatia
Just got an offer and buyer wants me to do Seller Finance
5 September 2023 | 11 replies
No way would I carry back a mortgage without 25%+ down and a very healthy (high) interest rate to induce them to pay it off sooner rather than later to give you your capital back to do more deals.
Richard Duong
Economic State and Impacts on Our Decision
8 December 2016 | 6 replies
The Donald has induce a lot of FUD in politics, financial markets and consequently in REI.The Fed has desired to raise rates, as everyone seems to be taking on an entitlement attitude toward lending.