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28 March 2020 | 37 replies
However, it allowed me to discover the shady agent I was working with and how I was going to buy problems I didn’t want to pay for.My full time job rescinded my promotion and pay raise.
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21 March 2020 | 0 replies
. - Good thing is they already having all those sources in place, not to mention laws and regulations and even for eviction purposes.
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24 March 2020 | 14 replies
My goal is to invest in multi-family (duplex's & triplex's) for long-term rental purposes.
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25 March 2020 | 24 replies
It is literally one piece of paper and a 1-line addendum, but the purpose of it is to protect your deposit.
23 March 2020 | 5 replies
First, you obviously won’t be able to close as fast (and fast closings are usually something wholesalers promote about themselves).However, if that’s not an issue, the other thing to be aware of is that your wholesaling fee is not going to be considered part of the purchase price and the buyer is likely going to have to come out of pocket for that.For example, if you negotiate a sales price of $180k with the seller, and then turn around and add a $20k wholesale fee and offer it to your end buyer for $200k, the buyer’s lender is still going to view the purchase price as $180k and base the LTV they loan at off that number.
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21 March 2020 | 0 replies
I do have reserves, but it is mostly for emergency purposes and will be a back up if all else fails.
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21 March 2020 | 2 replies
The selling agent said he never agree to inspections even with cash- unless it is for information only purposes or there is a limit like "no more than a $590 dollar credit for repairs"Is that normal?
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16 April 2020 | 3 replies
Estimated loan amount, LTV, loan purpose, etc?
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22 March 2020 | 4 replies
I am looking for a Hard Money Loan based on an investment property (a land that is ready to be built with an approved plan) that I own in New Jersey.The use of money is not construction but for some other purpose.
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22 March 2020 | 6 replies
I've highlighted them, below:-------------------------For purposes of Executive Order 202.6, "Essential Business," means:1.