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1 May 2013 | 24 replies
You'll need the cash to close, so if you need a transactional lender, you'll have the costs associated with that loan you'll need to pay.Then you'll need to pay for the closing (title search, title insurance, closing fees, etc) -- this might be covered by the buyer, depending on what you negotiate and what is customary in your area.If you have the potential to make $45K on this deal and aren't comfortable with these basic issues, I would suggest finding a more experienced wholesaler in your area who can walk you through the process for a small fee.
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11 October 2012 | 8 replies
Also run a title search, ya never know lol!!
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27 November 2012 | 40 replies
As far as LO's, I've answered some questions of those here on BP, so I think you can search for them on the site.
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17 October 2012 | 15 replies
There are a number of options, search around on Biggerpockets and see what interests you.For the money, hard loans or mortgages might interest me, fairly passive investments.
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4 February 2013 | 8 replies
So, it may take some searching to find the right bank.If you're intention is to build up a large portfolio, and the properties truly cash flow with the loan payment, maybe you want to use the cash they're generating to add to your portfolio rather than paying them down.
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27 January 2016 | 4 replies
Non distressed/ distressed housing searches.
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14 October 2012 | 6 replies
More importantly your buyer is at all sophisticated they should want a full title search and probably title insurance.
19 October 2012 | 1 reply
She was the only owner and title search is short,sweet and clean.
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17 October 2012 | 10 replies
That is what I am searching for at this time.
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2 November 2012 | 16 replies
One of the hardest things to get right online is search.