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9 August 2016 | 5 replies
New Castle, Slippery Rock, Butler are also great area's to invest in.
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11 August 2016 | 14 replies
Even after paying a generous rehabilitation cost, it seems like a rock solid deal.
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12 August 2016 | 62 replies
Thus, my other two options would be to Double Close or get licensed.These are the Pros and Cons of each I can fathom at this time.Pros on obtaining my license as a Realtor: I can Wholesale with less worriesI can do more than just Wholesaling, I can actually be a Realtor for home buyers and investorsI’ll be employed at an actual job which means I can start repairing my own credit (aka paying off my Student Loan)Cons on obtaining my license as a Realtor: If I do any Wholesaling, it maybe legal but it will not be ethical under the guidelines of what it means to be a Realtor.It will cost me around $3K per year to upkeep my Realtor license and business status in a very competitive market for Realtors (I know it's competitive because my boyfriend and I just bailed out a Realtor friend of ours by donating to him as well as setting up a GoFundMe donation page to prevent him from hitting absolute rock bottom), and may cost me $3K to $5K to get started.It may take me longer than 3 months just to learn and memorize enough to pass a test, as I am very knowledgeable in real world activities but lack in test taking skills due to my Attention Deficit Disorder (ADD).Pros on Double Closing: I get to take away however much I think I can literally get away with in mark-up value assuming the market can bear it.I can gain experience in closing deals so I can start moving up to house flipping.It’s an easy way to avoid getting a license.Cons on Double Closing: It’s risky, because if I can’t close the deal I may end up having to buy the property and/or lose my earnest money I put down.It takes more upfront funding to get started, as I will have to pay for closing costs twice.Legally speaking, Double Closing is a liability because it is more like selling the property which means you are held responsible for that property, rather than selling the contract (to my understanding, I could be wrong about this interpretation).These are the Pros and Cons I could think of, please chime-in with your own as well as give me any advice.
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31 August 2016 | 20 replies
Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees.3 Bedrooms, 1 Bath located in Little Rock, AR.
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13 August 2016 | 19 replies
BiggerPockets rocks.
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10 August 2016 | 1 reply
We are however trying to get a very stable base set up, so that when we are ready to buy we can rock and roll.
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11 August 2016 | 16 replies
@Joe Splitrock, I'm not fighting to keep him, I wanted to boot his *** out in April when he came out of unit screaming at me because the handyman was too loud -- handyman was grinding cement in the walkway.
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26 December 2018 | 16 replies
I called him back and just talked to the guy (he went on for about 30 mins), said his rock bottom was 120k (that's the high end of what I think it's worth), and for the moment didn't like the lease option idea.
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11 August 2016 | 5 replies
I think that borrowers are much better qualified than they were before the last collapse, and interest rates are rock bottom, and with all of the QE money in the system we are probably ready for more inflation.You can make money in any market, this one looks like a winner.
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12 August 2016 | 6 replies
I am a newbie wholesaler.I am trying to locate properties with code violations like "grass taller than 8'" in Pflugerville, Round Rock, Georgetown, Cedar Park and Leander in central Texas on the city website.