HELP! Just doing my first deal (wholesale). I cannot assign (based on sellers contract) and I did not choose the title company for the close (I was unaware how important that is!). The title company the seller chose h...
I'm using the "Multiunit/Cap Rate" method to determine the price on a duplex. Stated annual income is $9,600. Using the 50% rule, I'm expecting expenses to be approximately $4,800, giving me a $4,800 annual NOI. At...
If I purchase a property from a wholesaler and they did a double close, does it increase my closing fees in any way or there should not be a difference in closing fees than if it were not a double close transaction?
I'm new to real estate investing and hope to make it a successful career over the next 30 years. I plan on making my first investment in the next 12 months hopefully when the housing market cools down a bit. My questi...
Experienced wholesalers... Do you prefer assigning the contract or double closing? And why?
I'm a beginner wholesaler in Ohio and my attorney said that in order to do an assignment I need funds to close on the property initially then if I want I can assign the contract to an end buyer. I'm just starting so I...
I offered to help a wholesaler friend of mine to sell one of his deals. The thing is that I want to make everything legal and get paid for it but I am not sure how to do this. Do I do another assignment of contract on...
Are there any title companies or closing attorneys in Pittsburgh that can do a double closing/ simultaneous closing or escrow closing in the pittsburgh region
Has anyone ever purchased 2 properties at the same time using the VA loan? For example purchase property 1 for $800,000 using a VA loan, then using a second lender to do the same thing for property 2.
Does Michigan allow pass through of funds on double closes?