1 February 2017 | 18 replies
@Bernard Chouinard they are called weasel clauses for a reason.you have wholesalers that are taught these schemes IE they have no money so they cant close or don't wish to close.. they tell the seller ( you see it everyday Hey I am a cash buyer when in fact they are not) so they fib to the seller.... seller thinks they have a deal.. now if you do normal inspection periods say 10 days that's one thing but many of these yahoos will tie this stuff up for 30 to 60 days only to walk at the last minute because the Partner ( who is a figment of the wholesalers imagination suddenly does not approve.)just change the positions here.. your the seller .. your not very experienced.. some nice buyer has sent you a direct mail or bandit sign ..
11 July 2018 | 72 replies
:Thomas S. normally puts it?
30 January 2017 | 3 replies
I'm not sure if being a normal W-2 employee counts towards this.
30 January 2017 | 4 replies
I have read more than once is that mistakes and fear are pretty normal.
6 February 2017 | 10 replies
Walk throughs are often jokes anyway; each state gives a landlord a certain amount of time to review a rental property for damages above normal wear and tear and it's not unusual that additional damage may be found after the walk through.
3 March 2017 | 9 replies
The ultimatel goal is build funds through fix n flips (open to wholesaling too) to acquire mid level multis (10-50 unit properties)Beyond the normal "how do i _____" which likely has been answered multiple times over here on BP the biggest question I have is how do I get my wife more involved, engaged, and an integral part of this new endeavor?
7 February 2017 | 11 replies
Normally, I use turbotax business and have found this program to be adequate for my purposes.
7 July 2018 | 28 replies
So for that reason this is where your sponsor due dillegence comes in play and what's has been their track record.Of course the normal warning that past performance is not indicative of future performance applies ;).In many of the platforms you will see repeat sponsors and some of it is just learning where I participated in a previous deal with the sponsor and trust them.
13 February 2017 | 91 replies
All cash flow after that is split 50/50 normally.
10 February 2017 | 1 reply
This normally wouldn't be that large a problem but we plan on rehabbing renting and refinancing this property (BRRR) and this will affect the appraisal value.