
26 April 2024 | 13 replies
How to properly structure these deals as well as the process of closing them.

29 April 2024 | 23 replies
If the buyer doesn't need the concessions then maybe a reduction might be more appropriate but some of these details are to be worked out in the negotiation process.2.

28 April 2024 | 13 replies
In a wholesale transaction the seller is in some kind of financial trouble which the wholesaler is helping to resolve.You have two options an assignment or a double closing:I haven't done an assignment myself so not sure completely of the process, but in a double closing there is already a contract with the seller and the wholesaler who is fixing the liens on the title, when that is resolved there is a closing date where the wholesaler execute the contract with the seller and you execute the contract with the wholesaler.In general the closing cost in these type of transactions are covered by the buyer which it could be around 3.5% and it does not include sales agent fees.There is one thing that I didn't understand, it seems that the hard money lender is in charge of the transaction.

29 April 2024 | 12 replies
Foreclosure is expensive and time-consuming, so most lenders won't even begin the process of foreclosure until payments are 4-6 months behind.In a non-judicial foreclosure state like Georgia, the four weeks of public notices are all the advanced notice you're gonna get as an investor!
29 April 2024 | 248 replies
So, I know more than you think about these syndicators.Read up - https://terms.law/2023/06/05/the-sec-compliance-process-for-...

27 April 2024 | 5 replies
Unless someone is willing to take on unlimited liability, or you want to form an LLC or corporation to serve as the general partner, you may want to consider the LLC structure.

30 April 2024 | 140 replies
Here's the strategy we used to reduce leverage risk (and stress): Eliminated primary home payment and structured rental financing so the total monthly payments combined are not more than our previous personal home mortgage payment.

28 April 2024 | 8 replies
Yes it was rent for three months and then tenant had to go with eviction process for not being paying rent due to job loss.

28 April 2024 | 4 replies
I’m a registered nurse in New York City, new to real estate investing currently in the process of learning and building my knowledge base to make my first real estate purchase.
27 April 2024 | 2 replies
Ask if the seller wants to be the bank, explain the savings in cap gains, and then see if you can structure a lower down payment to go direct and then you can pay the price they want if you adjust the principal and interest in your favor.