North Carolina law states that "it is unlawful for an person or business entity to act as a broker directly or indirectly, without a license. The definition of real estate broker is a person or entity that lists, sell...
Good Morning BP,I have found a vacant property that is bank owned. The bank has said that it will be going on the market very soon & that I can be the first to place an offer. Can this be a wholesale transaction? ...
I always seem to run into some escrow agent or another investor/wholesaler that is trying to convince me to use "assignments." I have always preferred double closings.
Here are some of the reasons:
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In my Kansas City (Kansas and Missouri) Double Escrow is now illegal. How do you handle Assignment contracts without parties having a problem with the amount of profit?
Any one here who have rental properties in in Arlington Texas? Is it good to invest in Arlington Texas right now? Any areas I need to avoid before I buy a property in Arlington. I am worried about the crime rate and ...
Hi All, this is my first post.I am about to purchase a house from a wholesaler who will be using flash cash and wants to do double closing hours apart. Where we are hitting a snag is I am using a VA loan and my lender...
Hello,
I've been shopping around trying to figure out the best rates to do a VA cash out of my primary. I owe 300k on a 30 year, 2.75% rate mortgage. I'm looking to pull out possibly 300k. My DTI is ~47%. My credit s...
Hello all!
I know there are some pro wholesalers out there and especially on BP. My husband and I just started up our business. We have a lot of information and are just trying to figure out where everything ...
Making my first purchase offer without using the assistance of a realtor. The listing agent told me the realty company to make the deposit check out to. How can I make sure this money is going to be handled properly...
Hey everyone, please help me with this deal. It's a 3 story duplex with 4 rental units. All units have separate electrical and gas meters. 1st floor - 1 bedroom
2nd floor - 2, 1-bedrooms (can be turned in...