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Results (9,651+)
Jeremy Cohen Private Lending, Hard Money, Traditional or Transactional?
21 June 2016 | 6 replies
Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check. 
Manolo D. Free Repairs but need advice (wholesaler or door knocker type)
21 July 2015 | 0 replies
Obviously, this will be an instant sell, just because it is free money and involves only a few effort from the owner.
Alan Langer Creative financing...So many options..
29 January 2013 | 8 replies
Investors talk about "buying at a discount" and "instant equity", horsefeathers, that does not happen at all unless the property is sold in a distressed situation, where a seller takes what they can get in a week and runs.
Matt DuSold Best books on flipping- Whats your take?
8 January 2010 | 3 replies
FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani, Clay Davis, and Gary Keller Flipping Properties: Generate Instant Cash Profits in Real Estate by William BronchickFind It, Fix It, Flip It!
Benjamin Barredo Subject To Question
13 October 2016 | 1 reply
It was turnkey and her son and daughter in law had been living in it, and only paying the PITI payment for years.I told her the only way i would be interested in the distressed property is if she paid $5k towards repairs, and included the turnkey property ($125k) at the principle balance ($75k) and her kids agreed to a rent increase ($580 to $850).I solved her problem of having to fix/sell a house from out of state (her kids were no help), and i got two cash flowing rentals with the repairs paid for on the distressed house, and instant equity on the turn-keyOtherwise, my min requirements to take a Sub2, are seller pays closing costs plus 2 months mortgage payments (if minimal work is required), unless there's a large equity position.Bottom line: Understand the sellers motivation for selling, and always make an offer!
Chris Boenig Income Screening
22 July 2016 | 2 replies
She did that by letting the IRS take out very little, and every year come tax time has to take out a bunch of payday loans to pay her taxes.
Brandon Wu Newbie confused about Title Co.'s
9 July 2013 | 8 replies
By doing this you build instant rapport with your title company.
Bill Gulley BP CHAT
26 January 2010 | 64 replies
There's also a Instant message function that can be used, and maybe if some valuable information gets talked about that can benefit the whole community, it can be posted later in a blog or on the forum...Just some suggestions... what does everyone think?
Nic DeAngelo Best Premade Website Company For Listings
27 March 2013 | 8 replies
You can go to Godaddy and get your domain and the instant page which is really easy to use, you can put a few pics, links, etc. or get a full blown website.
Ken Hicks chat room?
11 July 2007 | 3 replies
THis is a great tool to have... you can get instant answers immediately when chatting to somebody...