Your offer is the only submitted to the bank, the other offers dont get submitted to the bank, they get submitted to you for the higher resell price. ps. quit telling everyone that we get multiple offers, they'll come here and try to steal out business :) sssssshhhhh!!

ok let me run this by you. i wont mention company names or locations. i have talked to a group of investors who have these laws down GREAT and im becoming an affiliate with them. i get 25% of the net profit the first 5 deals and 50% from there on.here is where my mind goes off. these guys are smart, so i would think they may do this but im not sure if there is a max the negotiation companies can chargeso they have TWO companies. one negotiates (they still own it) and one takes the net profit. im paid out of the net the 2nd company gets. so lets say co A is the negotiator and Co B is the company with the contracts on homes and flipping them.so co B buys the home co A negotiated for them down to 100k. then (simple numbers here no closing etc.)they resell for 140k following the new laws too (20% over purchase etc.) so technically there is a 40k profit i split BUT what if they pay the Co A a negotiation fee of who knows, 35k ( see they can do whatever or can they?)

In fact, the bank websites are organized and listed right here on BP (I believe).

Just make sure the numbers make sense and that you can resell quickly without any hold time.

I've got a nice spreadsheet that I put together so it keeps things organized very well.

You see... there are a ton of Sacramento investors picking up homes and renovating them, so they can quickly resell the home for a profit.

. #4, yes, just like any standard loan, it must be satisfied at closing if you're re-selling it. #5, sure, just don't sell it Sub2.

Now do you own Articles of Organization and get a book to keep the Minutes.

Am I correct here, or is there a better way to do wholesale:I found a underpriced property in an up and coming neighborhood, granny is going in the home and they want to sell.I get a contract on it through my RealtorI assign the contract to someone else for around the market value (or maybe a few k less).Questions: Am I closing this property and reselling it or how would you word the purchase contract otherwise?

I'm not sure if I can resell the property for a profit.