Shannon Sadik
Looking for investor friendly realtor in Rochester, NY
17 July 2014 | 4 replies
How many transactions have you personally done this year?
Jordan Fritts
Evaluating a purchase option deal - need your help
15 July 2014 | 0 replies
I've been researching options for sometime now, but felt compelled to start a new thread as this is a new RE transaction I have no experience with, and I'm really not certain I want to tie up a good portion of my capital in this deal.Here are the outlines of the deal:I buy property at $120K w/ 20% down; tenant escrows $10K upon my purchase and lease signing with them.Under the option, $200/month of rent will be credited to future tenant down payment.Tenant purchase price is set at $135K.
JATON H.
Just got my 1st contract should I contact the title company now or...
16 July 2014 | 3 replies
Also take them the contact information for all parties involved in the transaction.
Rick Fonseca
Starting out with only 15k
3 August 2014 | 11 replies
Can you do the fix flip work yourself or at least some of it, are you a realtor and handle the transaction and save on commissions and on and onso maybe get a partner with a different skill set or a lender.
Swat Khan
LLC Amendment Transfer: Buying Mobile Home Park:
17 July 2014 | 3 replies
While the seller might have good intentions (simplify the transaction, save money on closing costs, title insurance and legal fees), but this is typically a great way to dump undisclosed entity problems to an unsuspecting new buyer.
Brandon G.
How To Find People To Sell So Cheap?
17 July 2014 | 5 replies
There are people in every market who are willing to trade their equity for the speed and ease of the transaction.
Phil C.
Taking My First Step in Philadelphia - ADVICE WANTED!
10 August 2014 | 10 replies
Also, any one have experience with evictions and or obtaining the Philadelphia business transaction license requirement?
Kyle Cabral
Met with an investor yesterday, said wholesaling has potential liability issues
18 July 2014 | 27 replies
@Shaun Reilly That being said I don't think that there is any reason you can't wholesale if you are an agent as long as you disclose you are one and that you are NOT acting as one in this transaction and have them sign off to that effect.Based on this and the comment left by @J Scott - fair to say best practice is to get your real estate license in the state you will be wholesaling and put a clause and statement in your P&S that states the quoted text above by Shaun.
Chan K.
Boston, Tenant Payment System, Landlord
18 July 2014 | 5 replies
Thank you all for the recommendation.The PayNearMe is pretty pricey 3% from business or $3.99 from tenant per transaction.