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19 March 2024 | 3 replies
We have put in about $15k for repairs.
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19 March 2024 | 5 replies
We are getting close to and we are looking for new lender, or a way to put our current lender as ease, and increase our loan limits. does anyone have experience with this situation?
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19 March 2024 | 9 replies
If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck
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19 March 2024 | 323 replies
You can put less of your own money into the property.
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19 March 2024 | 6 replies
When they finally take action, they hit a roadblock (they need to put down more $ than they had originally planned, or they don't actually love the idea of self managing) then they get shiny object syndrome, bouncing around to different strategies until they hit a wall and give up.
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20 March 2024 | 12 replies
I'd make someone put up collateral that matched the loan amount.
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19 March 2024 | 7 replies
On your profile put your location. 1-Get a great Realtor. 2-Get a great Contractor3- look at properties. 4-Save your down payment money 5- Get your credit rating cleaned up.
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19 March 2024 | 12 replies
I know it's a long shot but thought I would ask.Logically, since I was down about 90% anyway during this crypto winter my mind is saying double down because I got nothing to loose (What's another hit going to do).My heart is saying "put your tail between your legs and strut off home" hahaThanks
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19 March 2024 | 12 replies
One good way to do that is to purchase towards the end of the year and put the property into service.
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19 March 2024 | 3 replies
Hello Guys I need suggestion on a situation:I'm in a contract to buy a house from a wholesaler, I put earnest money the title company did a great job and just found out that the owner just filed a bankruptcy.