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30 July 2024 | 4 replies
I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end
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30 July 2024 | 5 replies
It sounds like you're looking for passive income and wealth building to get better returns on your hard earned money than a bank these days, not active income (ie flipping, wholesaling).
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29 July 2024 | 3 replies
I have experience in wholesaling deals, working with contractors, working with fix & flippers and landlords, and forming relationships with agents.
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30 July 2024 | 12 replies
Whether wholesaling, flipping, BRRR, etc. i would love to pick your brain.
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29 July 2024 | 5 replies
I had an excellent recent experience with Old Republic Title, however I do not know how they do with wholesaling and such.
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30 July 2024 | 8 replies
That will be perfect. but you still need additional cash to make the loan payments + refinance closing costs, other miscellaneous costs.When I started I didn't have a lot of resources, so starting wholesaling then fixing and flip to create cash, before I did my first rentalOf course there are other ways to buy a rental, but these are my two cents
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31 July 2024 | 27 replies
I'd not been there for several months as is often the case and didn't know it but they'd instituted a new policy where buyers need to show an official ID when going up to pay after winning that bid, this due to the goofs who were wholesaling or whatever and would put their 10% down and then use whatever name, so they could then simply call their buyers and find whoever wanted to buy it and then that person would show up for the confirmation hearing and pay the balance.
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29 July 2024 | 12 replies
I have experience in real estate wholesaling but would like to expand to doing flips, rentals etc. eventually to get into this full time. if no experience is an issue then how else are you supposed to get experience?
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28 July 2024 | 4 replies
I am thinking about starting with Wholesaling and/or Flipping, moving to Buy and Hold strategy.
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27 July 2024 | 14 replies
I'm currently wholesaling right now.