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23 June 2015 | 15 replies
The house is in good condition and could be rented out right away.My question is can and how do I tie up the property with a wrap around in mind, then go market?
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16 October 2014 | 8 replies
There is no exception to just one or three or five, any origination is covered.Actually, this just dawned on me as we have had many wholesalers talk about rolling over financing agreements, those are usually canned due tie to the fact such contracts are unilateral and require the consent of the lender/seller.This is a bit different, you're facilitating financing between an owner and an end buyer/borrower, that is a brokerage function.
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27 April 2014 | 5 replies
Needless to say, I cut ties with him and eventually told my business coach about him (who had something different to say about him AFTER THE FACT).So I try and close my first wholesale deal on my own here in my local area (I live in a very small town in SE Ohio that still considered part of Appalachia).
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9 May 2014 | 12 replies
Hi @Kimberly MarieWithout making any assumptions as to the sellers intentions, the situation as I see it is she wants to sell the house for 50K cash just before leaving the country and she doesn't want the transaction to be handled by a third impartial party (the title company).Being new myself, if I were in your shoes, I wouldn't do anything without escrow just for the reason that a title company will alert you to any pitfalls.
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20 May 2014 | 3 replies
This allows you to give out a phone number that's tied to your cell phone (but it's not your personal cell number) and this would allow people to leave voicemails on your Google Voice number.
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27 May 2014 | 3 replies
I realize the number of units varies for each individual, but I think you know what I mean.Anyone else not interested in chasing the RE carrot that's tied to the stick on your head?
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10 June 2014 | 29 replies
If I was on a shoe string budget I would drive and try and locate houses you can mail to or knock on their door.
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17 June 2014 | 2 replies
One thing I don't want to do is own the trailer and tie up my capital, I really want the owner occupied units only with the tenant paying cash outright or a bank providing financing.
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19 August 2014 | 3 replies
However, you should view this as your last option after all avenues have been exhausted as you don't want to build the reputation of someone who is tying up properties without the intention doing your best to make a deal happen.
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28 August 2014 | 5 replies
If I don't know how to proceed in a situation when another person is involved, I usually put my self in their shoes.