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I recently was working with a seller and gave her 2 offers. One all cash for $100,000, and another offer for $110,000 but she would carry a note, and get paid when the project was finished. She didn't seem interest...
Hello community!! I'm a newbie here, but I've listened to a bunch of podcasts and decided I was ready for my first flip...Finally got an offer accepted and am closing in 1 month. Holy shit. It's really happening!! I...
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In the past my partners and I have sent our wholesale deals to pretty much all of our RE connections, including rehabbers who use hard money. But once in a while the rehabbers using hard money end up not getting their...
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Hi,
Can you get a property under contract (that you will eventually wholesale) from a seller without engaging in a "subject to" transaction if the seller still has a mortage on the house? Here I am assuming the sell...
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I have read in many different books/articles the Pro's of assigning real estate purchase agreements. It seems like a simple enough strategy for people to get started in real estate who may not have enough money for a...
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After 9 years of being a loan officer at a mortgage company I am now without a job. I'm not real interested in finding another loan officer job as I was a quite burnt out at the end. Commercial or residential real est...
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I have a contract right now used to wholesale and its puts all closing cost on the seller.. Is this fair? Usually most serious investors are dealing with cash so there isn't as many closing fees compared to a lending...
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One of my Real Estate agents showed me an REO today. I checked the comps in the neighborhood within a half mile since January and they average $405,000. The bank is asking $371,500. They have it listed "as-is" but the...
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Are there really private lenders out there who put up 100% of the money for a deal and only charge interest? Or lenders who will cover down payments? I see multiple mentors preaching this strategy, obviously I don’t t...
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So after doing weeks of research I think I want to do Lease options. Are they as difficult to do in Tx as everyone says. Is this a good way for a noob to start off.