11 April 2017 | 3 replies
I am looking for an investor friendly Attorney who's well versed in dealing with wholesale transactions.
17 January 2016 | 22 replies
You can advertise you have a contract for sale.Get a sale and purchase agreement that can be legally assigned and sold for an 1 to 2% assignment feeIf you don't want the rehabber to know how much you paid for it, find transactional funding or get on title somehow with private lender funding or find a joint venture partner to provide funding or get on title with Hardmoney lender funding so that you can buy at first and then resell it.Illegal Wholesaling only means that you're not telling the truth to the seller, and you have no intention of ever buying it, hence the reasons for all of this loud noise about illegal wholesaling.Wholesaling is legal in every state as long as you follow good business practices.
30 August 2019 | 3 replies
At that point you've structured the transaction so she avoids SE tax.
31 August 2019 | 3 replies
I know there are other important aspects to the transactions.
30 April 2019 | 1 reply
Most will have language to the effect that you cannot disclose or discuss any data or information that is deemed proprietary to the disclosing party and that which is not generally known to the public.If you want to talk numbers here on BP hypothetically, I think you would be fine since numbers are not "proprietary".
28 November 2015 | 17 replies
It's basically the Pygmalian Effect which is something I certainly believe in.
21 November 2015 | 4 replies
There is no "Popular Guru" teaching lease-option to buy programs where the transactions will be compliant as intended meeting new accounting requirements (by everyone in business) and/or the IRS Code, they don't event touch the subject matter I'd bet on it.
22 November 2015 | 13 replies
Of the 8 transactions we have done this year, all were submitted electronically by the closing attorney.
22 November 2015 | 8 replies
You should absolutely have an agent representing your interests in any transaction - especially if you're new to investing.
24 November 2015 | 12 replies
Instead I simply attended as many trainings and team meetings as possible and used the bull pen to work on my transactions and ask help from other agents.