I am purchasing a property through a wholesaler and the wholesaler wants me to pay his assignment fee outside of closing. He says he would provide me with a 1099 and he has to do it this way because the seller insiste...

got a couple questions about closing documents used when you do wholesaling. lets use a example of a deal where you wholesale a "for sale by owner home", not a double closing, but a straight assignment. what closing f...

My brother's landlord is looking to sell a distressed property. I want to give my brother a $2,500 referral fee for recommending and making the introduction. (I am not an agent, nor is my brother). What is the legal p...

I could use some advice! I didn't end up with an investor-friendly title officer as I asked the wrong people for referrals (oops) and she doesn't know how to transact a wholesale deal. How can I help her?She is still ...

My first offer was just accepted ! I am buying the property "as is" . Would the same standard purchase / sales agreement apply - would there just be a statement in there somewhere that says that the buyer is buying...

Are there any New Yorkers out there who have any advice as to the clauses that should be included in the Purchase and Sale Contract as well as the assignment contract?

In the assignment, should the entire fee amount ...

Hello,

I came across someone who said they were using a split HUD to close their deal? Wondering how it differentiates from a double close, or assighment etc, and how it works.

My other question is if t...

We are doing our very first assignment of contract and are being advised to use two separate settlement statements (ALTA form).  Is this the standard industry practice for this type of transaction?

I am thinking of getting started in REI by finding sellers, using an option to purchase agreement and then assigning that agreement to another investor for a fee. I think I have a pretty good grasp on how all of that ...

Before I get into the meat of my question, I just want to say that I saw a post elsewhere (http://activerain.com/blogsview/459350/Ive-Sold-and-Carried-Paper-Can-I-Still-Close-My-1031-Exchange) that shows the caliber o...