I’m about to purchase an out of state property. I want to be protected In the event of a lawsuit. This topic has been debated over and over on BP and nobody can seem to come to a consensus. Should I create an LLC, or ...
When contacting the seller, should they know that I am a wholesaler?Should my buyers know that I am a wholesaler?How does the process of getting the property under contract work exactly?
Real estate investment is a time-tested method of building wealth and generating passive income. It’s also a way to hedge against inflation and acquire an asset that appreciates over time. However, long-term success r...
Reference: https://singlefamily.fanniemae.com/media/25286/display
Hello,
Regarding recent Fannie Mae directives, I am seeking to understand impact that an investor could observe ( on loan-amount, down-payment, DTI e...
Hello,
I’ve heard from someone about the strategy of lease option wholesaling. He told me that this strategy could work well in a market where prices are falling. He also said it can be less risky as long as you have...
Hello,
I’ve heard from someone about the strategy of lease option wholesaling. He told me that this strategy could work well in a market where prices are falling. He also said it can be less risky as long as you have...
As most people borrow money to buy property higher rates mean buyers can’t pay as much, so real estate prices fall across the board.In very simple terms, if a rental property can support a mortgage payment of $3,000 p...
How does wholesaling work? Is it successful? Easy to get into?
A blessing, but a challenge. That is how I would describe some opportunities that have come my way recently. I am a licensed class A general contractor, mainly doing residential flips. I own and manage some single ...
Here’s the hypothetical situation:I sell an investment property for $1.5mm. Then 1031 to buy another investment property at $1.0mm. Difference of $500K.1. Can I use the $500K difference as a down on a second larger p...