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Hi Everyone, Does anyone have any suggestions for software (or SOMETHING) that quickly creates offers and/or for sending out purchase agreements to sellers? If not, what are you using to get this done efficiently? App...
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Anyone been doing these or been wanting to do one? Seems like a no brainer but not seeing many folks doing it.
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My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
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So I was just commiserating with a coworker about how I'd love to move on a new real estate opportunity here in town, but all my capital was currently tied up. I came back to my desk, and looked at the time - it was 1...
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This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...
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When performing Due Diligence on a prospective investment in this case a Mortgage Note.. what questions are we looking to answer other than maybe status of title and estimated value of the physical property? Any input...
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Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
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A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...
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What contracts do you sign as the wholesaler? Should I sign "Purchase and Sale Agreement " with the seller and "Assignment of Contract Agreement" with the buyer or what? Thank you
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Hi! I have a property in West Hartford, CT that I have a potential rent to own buyer/tenant for. Questions:What is the percentage, normally used, for the non-refundable down payment?Is there a rule of thumb as to what...