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Any wholesalers out there ever used some sort of bridge loan in order to not disclose your profit? I personally haven't hit a home run deal yet but in my area they've made double closes virtually illegal.
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I have some questions regarding building a private real estate investment fund at my company, and perhaps some of you syndication experts can help advise.I've been running a real estate investment "club" of sorts at m...
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So I have been calling around trying to get lists from title companies in Illinois (no lick as of yet) but was informed by all of them that they cannot do double closings unless the first transaction is escrowed, or t...
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Are there any title companies in Illinois that are still doing double closings? Specifically on REO's.
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Just a basic question here, but when you meet with a seller at a house you intend to buy for yourself do you make the earnest money check out to the title company or do you make it out to the seller before you brin...
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Say I have to do a transactional closing and my mother is going to provide the line of credit or proof of funds letter. In the transaction, does any of her money ACTUALLY get used or is it all just paperwork on the d...
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Hey bp, I was very curious to know if most buyers require proof of funds or most banks before allowing a contract on a property? Are you able to simply say you will have cash on a certain date and use your buyers fund...
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I am new to doing REO's and hearing about Transactional funding and I am unclear about the process. I read that you have to have the end buyers funds already in escrow in order to use transactional funding. I am worki...
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Has anyone compared Credit Suite vs Fund and Grow? I've been able to find a few posts about F&G but not much on Credit Suite.
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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...