Ryan Grothe
Property Flipping waivers for FHA financing will no longer be eligible after 11:59pm on December 31st, 2014
What’s NewExpiration of the Federal Housing Administration’s Property Flipping WaiverToday, the Federal Housing Administration’s (FHA) Office of Single Family Housing announced that the temporary waiver of FHA’s regul...
Alex Palma
how to i get my earnest money deposit from my end buyer ?
Hi My name is Alex I live in New Jersey. I understand pretty much everything about wholesaling, but i haven't done any deals yet. i was wondering, once i get my first property and a agreement of purchase signed from t...
Matt Faller
some questions about wholesaling
Okay, I've heard that wholesaling can be done two ways,
1-
Get the property under contract, then charge the buyer an "assignment fee" for the property under a separate contract.
2-
Get the property under contract for...
Brady Speers
How To Trust Cash Buyers
Have two deals under contract...new wholesaler here. Need advice please. Have a small buyers list I built with a mailer and just contacts i have made over the last few months but only know one of them well. I also pos...
Ken Connors
Earnest Money and Title Company
BI am currently working as a real estate wholesaler. My purchase contracts states that the earnest money deposit is will be deposited with the title company upon execution of the contract.If the earnest money is nom...
Mike Lee
Meeting with RE attorney
I met with a RE attorney who works at a title agency and she strongly recommended not to use the Purchase agreements contracts that I got from a wholesale kit. This attorney didn't even look over the contracts I had....
Dominic Licerio
Would you wait for the 4 plex or buy sooner?
Hey BP family! I am in the military and new to REI. I had a contract set up on a 4 plex that was going to be financed with the VA loan and was moving along perfectly. But, the seller had a medical emergency and had to...
Jack Smith
Do any of your buyers insist on reviewing the purchase agreement?
To date I've bought a number of houses from wholesalers and, knock on wood, each time things have gone well. However, I have a nagging concern over buying an assignment to a contract which I've not personally reviewe...
Chris Swindle
Help with a termination letter I am writing on seller's behalf
Hey all, I would appreciate some feedback on a letter that I am writing for a seller. The basic gist of what happened is that a seller entered into a contract with another investor on April 22, 2016. The original clos...
Account Closed
Seller Put Property Back On Market
I'm under contract on a property in Illinois and we are under attorney review. We are tying to close the deal and they just reactivated the listing on the MLS. There were no disagreements, so I'm wondering what my rec...