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31 August 2018 | 13 replies
If the deal had more wiggle room i would say put it under contract and worse case scenario wholesale it out if you can't get financing but the numbers are pretty tight on this one You are at about 77% of the ARV with all in costs most lenders will only go up to 70% to 75% max at that leverage point you will probably see a 90% LTC offer
28 August 2018 | 1 reply
Forgot to ask another question;Would looking for a wholesaler maybe be my best bet for trying to find something below market value?
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28 August 2018 | 4 replies
So....my buyer texted me this morning with a link to a Craigslist ad of a wholesale I have in contract.
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29 August 2018 | 2 replies
I have had a few interesting conversations with 2-3 people in my circle of influence that want to participate in REI, specifically my recent success, but they are both gun-shy in committing to any specific "complex" real estate deal, and have sub-$5,000 amounts they are wanting to commit.Without getting too much into the minutia of their mindsets and arguments, it is important to note that they are willing to give a much smaller amount of money for advertising and, in return, are expecting a faster, albeit, higher risk return through wholesale deals obtained during that time frame.My actual question for you is: have you ever structured any kind of private funding "deal" that officially goes towards your marketing in exchange for a piece of the net profits for (insert time period)?
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2 September 2018 | 2 replies
Do I have to go to auctions and wholesale?
28 August 2018 | 1 reply
My LLC recently purchased a property through a wholesaler.
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1 September 2018 | 13 replies
It was bought by a wholesaler for 3500 earlier this year and at this point just wanted to get rid of it.
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29 August 2018 | 5 replies
Regularly Bank REO properties and Wholesalers require their title company.
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28 August 2018 | 5 replies
I would suggest you talk to them, let them know you decided to wholesale the contract, AND offer them a fee for the work they did to prepare the proof of funds letter.
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28 August 2018 | 1 reply
(HQ scotts voice)Is it possible to do a Wholesale Double close, using the end buyers cash (from Escrow) to do both transactions (the A-B & B-C)?