10 April 2018 | 7 replies
I simply recommend writing a nice, sincere, non-threatening letter and getting it out to the homes in your market you feel would be a fit for wholesaling.
18 April 2018 | 17 replies
@Roy N. certainly has a point around commercial properties and it's something most investors get to at some point (either the property is commercial or you have your residential properties, wrapped up as a commercial portfolio loan) as you simply can't keep qualifying personally.Another option is going with a lender which is able to qualify the self-employed.
10 April 2018 | 5 replies
You can do that but every dollar you take in cash or purchase less than what you sell is interpreted by the IRS as taking profit.
10 April 2018 | 2 replies
For flipping sometimes it works in high price neighborhoods and the profits are much better with lower risk.
9 April 2018 | 3 replies
They view them as a taking of profit and it could jeopardize your exchange if audited.
10 April 2018 | 6 replies
is the wholesaler is the one who brings the buyer, normally they add their profit on top of the price
11 April 2018 | 3 replies
I have flipped a property ($60,000 profit) and recently built my own home for $250,000 (appraised at $380,000).
12 April 2018 | 68 replies
Once you reach the number or properties/CF you want or simply when you no longer want to buy more properties, then that is the time to start paying down your mortgages.
9 April 2018 | 4 replies
If it is a new tenant likely hood is that the landlord simply placed someone with a heart beat without screening.
10 April 2018 | 3 replies
Your market - do you end up more profitable if you charge back utilities with a lower rent, or you paying utilities and bump rent payments up.