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I’ve been learning a great deal and have taken action on what I can for now. Here’s where I am in the process. I managed to cultivate a good relationship with a private lender who is willing to work with me. The perso...
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I'm using a contract for deed to offer seller financing to one of my tenants so that he can claim the $8k tax credit and use it for a downpayment. Do I also need a promissory note? Do I need to file any docs at courth...
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Hey Guys,
I mailed 2500 "I want to buy your house" postcards to absentee owners last Friday.
The postcards hit today and I've received 48 calls. Three sellers left messages and the rest are hang ups. Two sellers wa...
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Maybe some guru has been advertising heavily on late night tv or something but to me it seems like there are A LOT of new people trying to wholesale. They have been told they can make RE riches despite having no mone...
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Hello!
I need to ensure that I understand the different main contracts that wholesalers use. I have quite a few questions about them, so I apologize in advance for the length. I have been searching BP for answers o...
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I offer to buy a house with $5000 cash check payable to the bank and give them a week to response for cash purchasing a house. I did not hear from the bank. The contract ends today. But I would like to put a offer in ...
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i am a rehabber/investor with money partnersi also have a relationship with an area realtor to make offers through him for potential rehabs (occasionally wholesaling the offer if ive got too many projectsmy question i...
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Is anyone familiar with the company: FUNDING FOR FLIPPING?They offer a line of credit to purchase homes at 1% interest with a high 1x down payment between 6-9k which is taken out of the loan disbursement.Hoping to get...
I closed my first deal Feb 1st! It was a JV deal where I brought in the cash buyer. Along with that I ended up teaming with a great husband and wife team here in Jacksonville. I started Wholesaling the end of November...
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I recently just sold my first deal using a wrap around mortgage. I owner financed the new note for 15 years. I am currently 2nd position lien holder but have a low pay off in comparison to the note. I have never sold ...