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Results (10,000+)
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Devin James Why Land Entitlement is one of the Riskiest Forms of Investing - But Also Highest ROI
9 December 2024 | 9 replies
Quote from @Devin James: Quote from @Justin Stamper: land entitlement is a great move in florida. just gotta have deep pockets to play!
Marc Shin how long to complete the BRRRR process?
12 December 2024 | 6 replies
Market conditions also play a role, including the availability of contractors, appraisers, and lenders.
Jennifer Fernéz Let's say you have $80K in your savings account..
8 December 2024 | 1 reply
Let's say you are a brand new investor. 
Chad Gardner Looking to house hack / move to Minneapolis/St. Paul. Help?
7 December 2024 | 9 replies
I would personally rather be the guy with the lower purchase price and higher rate, but it doesn't help a brand new househacker in the short term. 
Timothy Franklin First time funding?
11 December 2024 | 8 replies
I'm originally from BR and still invest heavily and lend there. 
Bob Avery New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 8 replies
I've been playing with amortization calculators and have seen you can pay off 1/3 of the mortgage and reduce 2/3 of the duration.
Alex Longinidis Buying First House Hack
17 December 2024 | 17 replies
I think there's a fair amount of play in the budget for what needs to be done.  
Donald Hatter New Construction Homes Investing
5 December 2024 | 14 replies
That continuous flow of new nice properties wouldn't hurt your valuation, since they can go into something brand new instead of something that is 3 years old?
Vid Vin Canadian investors in US Real Estate market
9 December 2024 | 3 replies
I tend to find my own properties and deal with the realtors directly but having a realtor if you are brand new to the area, is helpful.