Carin Moore
How to structure contract for Wholesaling deal - Washington State
We have talked with Chicago Title's senior escrow professional, and they told us it is not possible to structure a contract using "and/or assigns" with a simultaneous close in the state of Washington. Or, more importa...
Richard Prescott
Run Down of Double Closing Process - Who Pays Who and When
Hello,I'm currently close to putting a contract under offer with a bank with a $40k profit for some cash buyers/rehabbers. Unheard of now in the Decatur/Atlanta market. I'll be wholesaling this via a double close usin...
Annette Sannuti
RESIDENTIAL NOTES
I'm trying to find out if there are companies who purchase residential notes, nationwide, at time of closing or shortly thereafter, and pay a high premium.
Stephen Phan
Commercial Lender in Texas
Hey Guys!We are planning to sell our property in Los Angeles and do a 1031 exchange for something in San Antonio, Tx. We may have to get two properties, one commercial (8-10units) and one 2-4 unit building. Was wonde...
Rudy Manna
Impact of too many mortgage credit pull - Any solutions?
Got a few mortgages, and looking into more. However, every-time during mortgage there is a hard credit pull and 5 point impact. So when I am looking into 5-6 mortgage this year, that will send my credit score down sig...
Irwin Haddox
My lawyer says wholesaling is illegal. Quote Below
"Irwin,I've spent some time thinking about your proposed business model and, also, doing some research and, taking a conservative approach, have concluded that you would be selling real estate and therefore would be ...
Harriett Williams
URGENT Apartment wholesaling question
Hey BP fam!I have a friend, who has his first multifamily deal. He has an offer from his buyer at 6.2mil + 3% fee , he was told by a friend that it is illegal too get paid a commission for facilitating the deal as he ...
Omar Johnson
Networking for the Real Estate Entrepreneur
Business is like a game where the more people you are connected to the more points you have. Being connected means that not only do you know who they are, what they do, and have the means to contact them to make a re...
Bryan Hasley
LLC help for healthcare business and properties
Hello BP community!Long time listener, first time caller. Here's the skinny:My brother and I own a restaurant. He handles the operations and I handle the capital. Simultaneously, I'm going to be starting another busin...
Ty Hines
Do note buyers commit to purchase before note is seasoned?
In my short time learning about notes I have learned that most note buyers who say they can purchase notes at closing actually can NOT. With that being said, is it common practice for note buyers to commit to buying a...