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Hello, I have heard so many stories about wholesaling to start off and it sounds great but I never hear about the situation when you don't have a buyer and are stuck buying a property that you don't necessarily want....
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New to Biggerpockets, but it looks like a great website. I need some advice. I have a property under contract to purchase in Florida (ie, equitable title). I have a buyer that is interesting in purchasing the home....
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There is no right or wrong answer to this question, but I would be interested to know where you guys keep short to medium term cash that you are holding between deals. That is to say, you sell a property and you have...
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I've been a broker for 7 years. I recently moved to a new market where rents are relatively high against low purchase prices. I am tempted to set up an LLC and offer investment opportunities to my clients back in Mass...
Is wholesaling REOs in Maryland illegal? My agent who brings me REO listings just told me her lawyer said banks can sue me for fraud if I wholesale an REO through a landtrust. But said I can wholesale HUD homes throug...
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Newbie here-My husband and I are seeking out properties in the Sarasota/Siesta Key area. I am aware of the regulations in Sarasota county, which is why we’re interested in the barrier islands or downtown only. We’re a...
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Hi, I have flipped several properties over the last 5 years and held on to several. For my next flip, a friend mentioned using DSCR first, then if dscr not available, a bridge. Hard money has not required me to put an...
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Hi, I'm closing on a property of which the Seller will become by tenant. Our closing is scheduled for 2pm on Monday. Keeping insurance and ownership in mind, what is the correct day to start the lease?Thank you for th...
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I'm getting ready to purchase a four plex and was set to acquire a 30 yr. fixed rate loan. A mortgage broker is trying to convince me to acquire an interest only loan stating that I can leverage my money best that wa...