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29 June 2018 | 17 replies
The truth is most people want a lot more than the property is probably worth , it’s human nature ..same goes for people selling a car .
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12 January 2020 | 11 replies
You say there is no cost but as an example if I sell a property for 1m, it all goes to the dealer and I receive a loan from a financial institution for 950,000.
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7 July 2020 | 0 replies
Being new to the game, I don’t necessarily have many human resources in the lending department.
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25 July 2013 | 15 replies
Now, I know Dave says he doesn't, but being a MB or institutional dealer makes a big difference, it's different in some areas of a regulated entity and some guy off the street, you're not going to carry as much water and a bank may just move forward with a private note holder.
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5 June 2013 | 4 replies
(You need to look like a buy-and-hold investor, not a dealer/flipper.)
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1 March 2017 | 3 replies
The requirements for LLC creation in NYS are fairly straightforward, and myself having some background in complex software development, it seems easy to me to generate a letter perfect LLC doc provided proper inputs, and once the software does it correctly, it has a better likelihood of doing it correctly again than a human.
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16 February 2017 | 5 replies
If the answer is yes, go work with a flipper in your area or habitat for humanity so that you can learn a how to do a thing or two. 2) Go find deals and generate leads to fill investors pipelines so that you can generate the cash needed for the your first deal3) The above jobs are a slow roll and don't pay that well you likely can't execute the contract by yourself and will have to use someone else and they will want a cut.
24 March 2017 | 2 replies
Contact the sellers to see if they are interested in selling (seller financing) or donating to an organization like Habitat for Humanity?
3 April 2017 | 25 replies
Thats true Upen but its good to note that generally only the base or salary income can be used for qualification with out any waiting periods assuming the same industry.Using bonus/overtime/ auto reimbursement/commissions from a prior job will be hard to carry over unless it was a near identical position in the same industry like car sales man at chrysler to car sales man at a ford dealer or retail sales at AT&T to retail sales at Verizon Wireless.
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2 January 2013 | 10 replies
I'd also bet they tend to cut DIYer's more slack than those registered to represent others, just a guess based on human nature, depends on the mood of the day....LOL Maybe Charles Perkins might weigh in and tell me I'm all wet with my position as calimed....for the fun of it.