I was under the impression that hard money lenders lend on the hard asset regardless of credit, so no credit check is needed.

But, I have a lot of rehabbing experience and I am extremely selective about what I buy. 8)

hello everyonewhen it comes to wholesaling i was always under the impression that there were always three parties involved in a deal (seller, wholesaler, and the rehabber/end buyer)but recently i heard of this wholesaler who helps other wholesalers sell their contracts and etc (i guess because of his huge buyers list). so its like the first wholesaler who has the contract is representing the homeowner, were the second wholesaler is representing the end buyer that he brings to the table.so my question is what kind of contract do both of the wholesalers go into. now i heard the second wholesaler can get paid in two ways: 1- the second wholesaler gets a portion of the first wholesalers assignment fee at closing whatever they negotiate (for bring the buyer) 2- the second wholesaler can actually be added on the closing documents as either another assignment fee or consultant fee, so he can be paid straight from the closing agent and not just from the first wholesalers assignment proceeds.so if anyone knows about this and has the contract that both wholesalers would agree to, can you please provide it to me-------------""also the second wholesaler only gets paid period if one of his buyers buys the subject property, now if the first wholesaler finds his own buyer of once he doesn't have to share that with the second wholesaler""because i know there has to be a contract, because if not once the second wholesaler bought to the table his end buyer and the transaction closes, the first wholesaler could take their assignment fee and run

Phhhh…If you guys are impressed with that… You should see my house.

The Company is Land Title Guaranty Company in Colorado.I am able to select an area by zip, or drawing a polygon on a map.

I lost a lot of money in my real estate portfolio last quarter, but I get the impression that when prices fall, the buys are cheaper.

My name is Louis Bergman and I'm based in the Sunshine State.Feel free to check my profile for more details.Together with my son and his wife we run Hawthorn Enterprises LLC, which does Commercial Money Brokerage with as specialty Multifamily Projects.For practical purposes we do not deal with individuals, as we prefer to work with non-recourse Loan programs.We also buy for our own portfolio, or partner up with other Investors/Developers who want us to commit our financial expertise to their projects for a longer term.We originally started out as "ugly house investors", and fairly soon evolved into the much more rewarding Multifamily playing field.I'm very impressed with the positive way in which biggerpockets has developed itself, and it will be a pleasure to contribute to the membership whenever I can.Thank you for having this great Forum, and I look forward to being an active member.

So he can testify as well (best is to take someone who looks stable and impressive) when it comes to the court.

I read the reviews in the forum of realty trac and it seemed people were not impressed with the data.

Very impressive!