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Can someone fill me in on this. Ok, so if I'm wholesaling and I put a house on contract with the seller, and if I can't find a buyer to assign the contract to , what happens then?
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My dept. is currently battling with an FHA rep. who will not approve an FHA loan on an REO we have for sale because he is classifying our practice of liquidating REOs as "Flipping".
We recently aquired a portfolio of...
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Hello All!I just started my real estate investing journey, and I currently own two properties: a Condo in Rio Rancho, NM, and a Single-family house in Jacksonville, NC. The Condo I got a conventional loan with 20% dow...
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I've heard Port St. Lucie, Florida come up a few times on various real estate podcasts as a good place to wholesale in Florida. Others have said it's fairly competitive. Which one is true and who are the real players?...
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Hi,My husband and I have 21 rental units and decided it was time to move them into LLC's (separate LLC's for each property). Does anyone have any book or website recommendations on how to properly handle the financia...
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Hi, Just posting on here to get some feedback on deals. I am aiming to rent out this property for cashflow + paying off mortgage. The property is located in Riverside and I will be offering 272,000 for a 4 bed (1 is a...
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I'm very new to investing, so i thought about starting out as a bird dog as it seems like the easiest thing to do to get started in this kind of work. After reading the Michigan State Laws, bird dogging seems illegal....
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What's the best practice? Do you require the potential tenant to file the application first and show the house after or do you show first?I want to require them to apply first and show only to those I am interested in...
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Situation
Bought a house with my brother 6/15/2018 for $273k on 15yr mortgage. ($265k + closing costs of $8k.) We each put down $25k cash.We each paid in $500/mo. Payments from renters covered the rest of the mortgag...
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Hi, thanks for reading,So I started wholesaling about a year and a half ago and done a few deals, and I’ve decided to move to the art of flipping. I am so excited because this is the reason why I started wholesaling i...