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Results (10,000+)
Mike Lee More questions for wholesalers
18 December 2007 | 7 replies
Let them know your partners say that they wont be able to get financing on it unless it hits the 37k (thats where your subject to lenders approval comes in handy)Now i know you are taking a cut on your fee...but your sellers are more likely to accept 37k rather than 35k...and 3k profit for you is alot better than 0and if they dont accept ...let them know you are sorry you cannot help them out....and if they change their mind your offer still stands.Move on too the next one.
N/A N/A Lawn mowing issue in PA
11 February 2010 | 19 replies
.$92 has to do with the lawn/mower$30 for Cutting in August$15 for each time cutting in October$32 for fixing the wheel on the push lawn mower (don't know any more than this)Yes, he did use the same mowers.
N/A N/A Wrap-around Mortgages
20 December 2007 | 3 replies
If I understand your reply correctly, the following:Assume that Joe is simply looking for a partner with credit.
Jason Vought Lease-Options?
11 February 2008 | 18 replies
While you're waiting for this person to show up, you could have been renting the property.I could go on and on, but suffice it to say that lease options are not any more profitable than simply renting.Good Luck,Mike
Travis S. Best Way To Get The Numbers Right
14 January 2008 | 15 replies
So just for clarity, you simply recommend going with 50% of gross rent, which incorporates all of those expenses, right?
Dan Meier Title searches in wholesaling process
9 February 2016 | 11 replies
Hey Ryan,I've never had to deal with this but have heard stories of others marketing their assignment contracts and having the buyer go around their back and deal directly with the seller and cut the wholesaler out.I know there is a way to cloud title to prevent or at least delay the deal somehow, but how exactly is this done?
Mani Festo Hard Money Needed: 642 Mid-Score, 600K purchase
3 January 2008 | 3 replies
I am sure the seller would be willing to carry a second if the numbers are cutting close.I don't know if it helps but my LLC has an 80 paydex listed with D&B since 1999 and Business Experian score of 97 listed since 2001.Exit: I want to refi and hold.
Scott Scribner Advice on making the jump?
23 December 2007 | 3 replies
You won't be earning the property manager's cut. 30 tenants are 30 tenants, regardless of where they housed.
Joshua Dorkin Landlord Horror Stories
31 May 2008 | 33 replies
I've just got to keep the pressure on until they make a mistake.Not really a horror story yet, but simply my latest saga.Mike
Account Closed Money to Seller in a short sale?
2 January 2008 | 6 replies
Many investors do not discuss this, or simply do not know about it.