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11 September 2021 | 12 replies
@Ryan Howard welcome...doing some more research on your desired path should shed some light on the environment you're working in...I would caution noting that you do not have capital, but want to wholesale to raise capital...you're essentially admitting you are trying to broker real estate without a license...you will hear lots of opinions on this, but the bottom line is if you have no intent to close on a contract you enter into, you're engaging in unlicensed activity and subject to $1,000/day fines.I'm not saying don't wholesale...I am saying do your homework so you don't end up in a tight situation.Taking time to explore every option in RE investing is not a good approach...I can save you years of heartache and you'll be wealthy much faster by sticking to fundamentals...long-term buy and hold real estate is the only path you need to go down.
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21 September 2021 | 7 replies
Hey there,so my husband was essentially forced to step away from his job of 17 years and we’re using it as a catapult to dive into real estate development and investing.
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13 September 2021 | 4 replies
The only downside I see is extra paperwork the IRS will require due to the foreign seller, and a portion of the seller's proceeds will have to be temporarily held in a special escrow.
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14 September 2021 | 8 replies
Make sure you walk every unit with an inspector and get ALL the paperwork.
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14 September 2021 | 8 replies
At that price you get a personal loan for the gap in funds, fix essentials and mortgage with delayed financing.
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21 September 2021 | 4 replies
I guess what I am really wondering is if you are you essentially trading potential equity in a home for being able to avoid a seasoning period with the delayed financing route?
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22 November 2021 | 24 replies
I would be willing to purchase homes with smaller issues (nothing foundational or plumbing), but not essentially a fixer-upper.
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14 September 2021 | 0 replies
Enter Office 356, I have started to use them for my email, calendar, and essentially anything that is related to my business.
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14 September 2021 | 1 reply
Just tell them because they're essentially creating their own Lease Option Agreement.
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4 October 2021 | 9 replies
Essentially, their role is to be the neutral party "referee" who's job is to ensure accuracy and report transparently.Another way is to talk to others who have had an experience investing with the sponsor already.