Dan Sieg
Seller wants proof of funds before they'll accept offer
4 February 2016 | 20 replies
Either you will buy it, or you will assign it.The reality, by your own admission, is that either you will find someone to assign it to, or you will walk, because you do not in fact have the ability to purchase it yourself to use as a rental.The fact that you said this to him, and that he knows his stuff, is why you were asked for POF.
Kathleen Miles
Agent Avoidance
4 March 2015 | 29 replies
@Kathleen Miles I will preface that I assume you are referring to the wholesale model where the Wholesaler gets a property under contract to assign to another buyer with no intention or ability to close without finding an end buyer ?
Account Closed
How do I find an ACTUAL real estate investor mentor?
12 June 2016 | 17 replies
I have character, pride, integrity, honor, ability, talent, passion, creativity, intelligence, wisdom, code, and as a 44 year old man and father of two young children, I still have some energy and tricks up my sleeve.
Daniel Ryu
Hybrid flipping idea - You do the flip / you and owner split profit
4 March 2015 | 17 replies
First step is gaining the trust of the owner, they need to know that the whole deal is in good hands, they don't want a newbie tearing in to their property, so experience and ability to manage is needed, use good contractors if necessary.
Zack Thiesen
What would you do with 10k?
2 March 2015 | 1 reply
I've got extensive experience with rough carpentry, cabinetmaking, flooring, drywall, wiring, plumbing and am confident in my ability to inspect a residential property myself.
Nick Stango
Funding your first deal
17 November 2019 | 21 replies
You'll be taking a small risk but if you can get an ugly house under contract at 50% and have the ability to estimate the rehab accurately & fix it up, present the numbers.
Account Closed
Need a Pickup!
15 March 2015 | 34 replies
The truck is great for quick hauls when you didn't plan on it, but the trailer wins hands down on ease of load, unload, weight capacity and the ability to leave it behind.
Lenny Wilbourn
What am i doing wrong
6 March 2015 | 26 replies
If you had the ability once graduating to make 100k to 200k a year starting out in your chosen profession that is different.A lot of people rack up student debt and then can't get a high paying job and are stuck being underwater on loans.I don't know if the area you are looking in that multifamily trades at 150,000. 2 doors would be 75k a door in price, 3 unit is 50k door, 4 unit is 37,500 a door.
Patty Harris
LLC
30 November 2016 | 25 replies
Better asset protection, better discharge-ability, etc.