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26 September 2024 | 13 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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29 September 2024 | 13 replies
So if you're at Home Depot or the gas station, better be prepared to do some thumb typing while people wait in line behind you.
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3 October 2024 | 46 replies
If you're planning on purchasing out of state in a high yield market, just be prepared to lose money on the 1st purchase.
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26 September 2024 | 1 reply
I’m KT, a disposition agent with New Western Realty, and I'm currently preparing for an exciting move to Raleigh, NC, in July 2025.
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26 September 2024 | 0 replies
There are exceptions to this rule, but there are an abundance of examples that had investors not been prepared to perform might still be shopping..- Voice of reason: The 'best' real estate professionals are apparently the most honest.
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27 September 2024 | 18 replies
Nothing in mine yet because I'm still preparing myself to open an US bank account but the banks I saw online requested ITIN which I don't have.
26 September 2024 | 5 replies
For example, I don’t need to prepare a balance sheet!
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26 September 2024 | 10 replies
In Washington, an architect can stamp plans prepared by another individual if they have been reviewed by and approved by the stamping architect.
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25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267820/small_1707842389-avatar-jorgea3.jpg?twic=v1/output=image&v=2)
26 September 2024 | 3 replies
I'm glad you found the advice useful, and it sounds like you're well-prepared to keep everything on track with your deals.