7 July 2011 | 11 replies
Also, establishing a long term relationship can be a huge benefit...when something breaks on a Sunday night, will you have a number to call with a human on the other end?
31 August 2011 | 13 replies
I would imagine yes, but never know.If you do, what kind of paperwork do you establish between yourself and the other wholesaler, so when everything goes to closing, the title/escrow company knows there is 2 wholesalers to be paid the assignment fee?
9 June 2011 | 26 replies
Not sure exactly what if being asked, but if you're looking for a formula for determining profit on a flip, here is what I use:http://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/It's not an estimation tool, per se, but just the actual math that's involved doing a flip.It's written as how to determine maximum purchase price, but the formula can easily be manipulated to determine profit once the purchase price is established.
19 March 2018 | 8 replies
Did you need to establish trust agreements with each property owner?
5 March 2010 | 21 replies
The formula stated above works. you might have to restrategies your plan and go after REO's that fall out of Escrow for example, one more thing that helps is establishing rapport with the listing agents, that has helped me a lot.
6 February 2010 | 18 replies
Those are rules established that appear to have some public good, but are really restrictions placed as a barrier to new competition in an industry.
4 February 2010 | 7 replies
If you do that, you will only be obligated to make the lower amount and should you qualify for another loan, the minimum required will be used to establish your debt-income rations.
5 February 2010 | 2 replies
His sale price is now a matter of public record, and your control of the property is established.
28 March 2010 | 14 replies
I'm trying to establish a solid routine of sorts that I can rely on day in and day out to help me reach my goals.
17 February 2010 | 30 replies
SInce the option does not establish a security interest as defined as a mortgage, the SAFE Act is including any transaction that allows the future conveyance of title.I think the trick here is not to sell the house, but a business entity and that purchase needs to be structured so that the subject property is not the prinmary consideration.