James Vasquez
REO Asset Manager Wants to Know Why I need so many days to close?
21 November 2011 | 7 replies
The lender will be happy to make a loan and you can get paid.I have seen banks counter with a faster closing date, I have heard from REO agents that the bank wants to get deals closed by the end of the month to eliminate additional costs, etc.
Jim Murphy
Hard to get Loans
11 December 2011 | 7 replies
Does anyone have any ideas , I have approached hard money lenders and they charge a higher rate One actually wanted 9% but I would have to flip the house because he wanted the loan repaid in one year.
Christy Gilliam
wholesalers/what kind of arrangement do you have with realtors
23 November 2011 | 3 replies
That Realtor (listing agent) would get the seller's side of the commission, I would come in with my agent who would get his/her side (buyers side) - or I offer the list agent to double end and possibly kick back some to me, then I keep the spread between the locked up price and the price I charge my wholesale buyer.of course most listings these days that are anywhere near a deal are short sales or REO properties in which case they are not assignable which means I need to double close or use some other creative circumvention of that dilema such as using a trust or entity.
Joshua Dorkin
The Wrong Way To Evict
25 November 2011 | 8 replies
Landlord charged with attempted murder after trying to remove tenants with forklift.Whoops . . .I can definitely see how crazy tenants might drive a landlord, but that isn't the way to do it folks.
Greg P.
Question on Realtor Fees and Broker Fees on HUD
10 January 2012 | 3 replies
it's common to charge a storage fee, or transaction fee on top of whatever commission is earned.
Josh Stevens
"who cares the landlord will pay for it"
8 December 2011 | 5 replies
"who cares the landlord will pay for it" does not necessarily mean "I'm going to charge your rich landlord an arm and a leg for a small service".
Antonio Bodley
Ways to get ARV on non listed properties
14 December 2011 | 40 replies
I can't believe brokers are charging for comps.
Phillip Gainey
Seller Financed property, seller not placed on Insurance Policy
9 December 2011 | 10 replies
(the lender will have to pay for it in advance).Sometimes there is language in the note and security instrument that allows a lender to not only collect on any and all advances (such as taxes, insurance and legal fees) but also charge interest.
Jean T.
Michigan investors: how long does it take to rent a condo?
3 February 2012 | 20 replies
I'm wondering whether I should be pressing my PM more to get things moving faster.
Garrison Johnson
My review of the Rich Dad Learn To Be Rich Academy
5 January 2016 | 33 replies
I don’t know who in the world is in charge over there, but this sell sell sell tactic is killing their business (in my opinion).There was lots of talk of trying to help the little guys achieve bigger goals, but it comes across as unbelievable.