Hello, I'm new to the forum and just spent quite a bit of time searching without luck for a software package for real estate investments.

I think after reading quite a bit of material that I'm getting a pretty good understanding of the Wholesaling strategy but I've one question:Are you supposed to offer 50% - 70% of the ARV or As Is Value or the asking price?

Simms,what you're running into is quite possibly what one lender requires.like MikeOH said, there are many ways to finance the purchase of real estate.different lenders have different standards.basically though, many will follow the Fannie Mae way of loaning money - in order to be in compliance with them so that they can turn around and sell the notes, hold them or do whatever they want with them.

Quite the contrary, I won't even consider purchasing a property unless it is at least 30% below market value.

I personally don't use contingency clauses, but I do recommend that beginning wholesalers should to protect themselves.I have never, yes that's never, had a buyer for a double closing back out, and I've done quite a few of them.

It can get quite cold, so I just walk on the rugs instead, LOL.I hate carpet in the basement (we've had flooding issues).

i recall on poster in another forum saying you should check with the bank before you do the quit claim.

They have helped me quite a bit.

., can be quite dangerous.

After searching for a loan for quite some time I've finally managed to get in contact with a few private seller who's willing to give me a private loan with a minimum downpay.