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15 September 2018 | 6 replies
Another scenario is if I buy a property from a wholesaler who wants me to pay all of the closing costs, what would those be based on the logic that in this case im paying both the buyers and sellers closing costs.I have purchased a few houses and I have read a few books on flipping and wholesaling, Im just having trouble understanding what values to put in the calculators to determine my Maximum offer amount.
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16 October 2018 | 3 replies
Later that year, I attempted finding deals through a realtor friend on the MLS to fix and flip, and ultimately decided it was not the right time to be flipping, but in reality I just was undereducated and underprepared on how to find deals and the possibilities of different types of deals.I'm going to work on networking with cash buyers and build my first marketing campaign and get some deals under contract!
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17 September 2018 | 19 replies
People are always in some sort of circumstances that have a financial factor and a wholesale buyer can bring a solution swiftly.
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16 September 2018 | 3 replies
What would be my ideal end buyer, and what would I comp it against?
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16 September 2018 | 3 replies
But it has to be at some sort of discount.You also need to build a buyers list.Something you can start first thing tomorrow to get your feet wet is to jump on craigslist/zillow/kijiji and call every house for rent ad in your area and ask them 2 questions:1.
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15 November 2018 | 12 replies
Get on everyone's buyer's list and you'll have deals to evaluate in your inbox everyday of the week.
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27 September 2018 | 11 replies
My current focus is on Cash Buyers, Wholesalers, Discount Properties, Motivated Sellers, and Off-Market Properties.
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23 September 2018 | 5 replies
I’m new at wholesaling as well and been in contact with a lot of lowball buyers.
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23 September 2018 | 7 replies
I have found a buyer who is interested.
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23 September 2018 | 3 replies
I sold it FSBO, agreed to 1.5k realtor commission (mistake) for the buyer agent etc etc. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying?