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28 August 2018 | 9 replies
@Joshua Lee WegnerThere are 2 ways that people do wholesaling.1st method - They assign the contract to the ultimate owner.You are simply collecting a fee from the buyer in exchange for the contract.You will never own the property using this method and as a result shouldn't have to pay any closing costs.2nd method - double closing which is you will purchase the property from the owner/seller and then you will sell the property to the ultimate buyer.You will pay for closing costs(title work, transfer fees/taxes, etc)You will likely net less income using the second method which is why a lot of wholesalers prefer the 1st method.
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12 August 2018 | 23 replies
@John Fortes Yes...I would prefer the broker that stood me up to provide me with a great off market deal.
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12 September 2018 | 7 replies
Right now, my preference would be to have as many occupied pads and as FEW "park-owned" homes as possible to avoid headaches associated with rental and maintenance, but that may change as I grow and expand.
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12 November 2018 | 17 replies
I'd like to start out with my niche being wholesaling.
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13 August 2018 | 9 replies
But it sounds like you have decent tenants, so before giving them that notice I’d explain your situation (needing to sell, nothing to do with them, you liked the, etc.) preferably: in person, on the phone, or email.
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13 August 2018 | 2 replies
I’m also active duty and like Roger mentioned some of the decision is based on your personal preferences and goals.
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10 November 2018 | 13 replies
What strategies in structure of a deal or creative financing if any do you prefer using?
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20 August 2018 | 5 replies
Preferably off market, but on the market as well would be considered.
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10 August 2018 | 1 reply
I really would prefer not to add the boyfriend but I'm really not sure what to do?
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12 August 2018 | 19 replies
I know there is lots to learn, but I prefer on the job training so I’m going for it while asking questions and learning along he way!