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17 December 2015 | 9 replies
Could someone describe the flow of events in a wholesale offer and purchase agreement with intentions of assigning the contract. ( do you assign the offer to purchase or purchase & sale agreement?
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23 April 2015 | 14 replies
hi @Greg GibbonsWelcome to BPLearn the following-Wholesaling-Seller financing, including sub2, wraps and lease options when buying-FHA 203 b multi unit financing-Getting private lenders-Hard money lenders-Get a business card that says GregBuys KYHouses.com-hand that card out to anybody that is breathing-find a great re attorney and re CPAThat is a quick start list, best of luck!
23 April 2015 | 1 reply
I am writing up my letter of intent and I want to put 2 choices of payment.
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23 December 2018 | 66 replies
If you have no intention or need to sell the properties anytime soon and they are making a positive cash flow and enough to cover a reduced rent amount if the recession causes a soft rental market, and you have enough reserves to pay the mortgage if you hit a multi month vacancy then you are good.
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26 April 2015 | 8 replies
But the legal actions of the IRS make it clear that holding property with the primary intent of resale (fix n flip etc) is holding property as inventory and not as investment.
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24 April 2015 | 2 replies
You have a lease/option contract signed with the seller and your intentions are to sign another lease option with the buyer and then assign this contract back to the seller.
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24 April 2015 | 4 replies
I'm pretty sure he can find me properties before they hit the MLS and other good deals, with the intention to fix and flip.
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29 April 2015 | 35 replies
No deposit, No deal.This is what homeowners need to demand to keep THEIR property from being tied up by people with no intention of buying it!
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24 April 2015 | 9 replies
I've got rentals and enjoy wholesaling although my intentions are geared towards larger multi units and or mobile home parks in the near future.
26 April 2015 | 2 replies
There is too much government involvement now.A driver CANNOT buy the amount of insurance they want but has to buy UNLIMITED no fault personal injury insurance.EXAMPLE If someone is trying to commit suicide and purposely drives their car into a tree at 50 miles per hour all of their injuries are paid by their insurance including UNLIMITED pain and suffering and damages.An insurer could be charged $3,000,000.00 or even more for something you intentionally did to yourself.And yes the Detroit mentality makes the Michigan requirement unworkable.