BP Community,
First post...
I own a triplex property free and clear. I have buyer but need sample contract and understanding of how to put loan servicing piece in place. Any suggestions around where I c...
Hi,I am looking for some guidance on how closing generally goes for a virtual wholesale deal? I am using an assignment contract. Can I do closing local to me or do I need to do closing local to the property? Can closi...
Hello! I’m looking to get my first wholesale deal in the books. I’m located in South Jersey. So essentially I’m seeking locals, or who investors have wholesaled in South Jersey in the area with general knowledge that ...
Im direct with a seller of an off market property and I have the opportunity to make my first wholesale deal but Im not too sure on how to structure the deal. Any advice???
Hi there,I am selling my rental property as a teardown to a builder. The value is in the land. I was wondering , since it's being bought as a tear down, if I would still have to pay income taxes on the depreciation r...
Greetings everyone, I am currently working on a deal now and would like your opinions on the best way to structure it. Property value due to comps is roughly 55,000. Mortgage in place is at 28,000 owed. Repairs range ...
I have a wholesale property under contract but am having some issues when describing the property to prospective buyer.For instance, since I am assigning it, yet am listed as the buyer who has the option to assign, sh...
I'm very interested in jumping into the RE industry. I've been doing research as reading different types of books, online forums, word of mouth and it seems that right now is the time to really get your feet into this...
The new law in Oklahoma for wholesaling activity called "Predatory Real Estate Wholesaler Prohibition Act"states that an equitable interest (a wholesale or assignable contract) can not be PUBLICLY MARKETED as shown b...
Today I want to talk about a great lesson that I learned as I had more experience under my belt.It is the power of not having a wholesale every property that comes through my funnel.When I got started in this business...