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Hello, I need help figuring out how to do this the best way without title, legal, or financial trouble.
We've negotiated a deal with a seller (who we know) that we'll buy his house for $345k in 3-6 months after we're...
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If I put a home under contract and intend to wholesale the property, what prevents an unscrupulous buyer from intentionally tying up the home, backing out of the purchase during the option at the last moment, and then...
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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...
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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...
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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...
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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...
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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....
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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...
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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...
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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...