Kris Copeland
Investor Friendly title company
On my 2nd wholesale deal but the title company insist on putting assignment fee visible to seller. I heard from different podcasts that only buyer should see fee. Should I search for different title company or have re...
Jeff Klein
"1031 Cooperation clause": Should I include it in my sale contrac
I am close to going into contract for the sale of my property. Is it required or desirable to include a 1031 cooperation clause or any other language regarding my intent to sell this property as part of a 1031 exchang...
Amir Foster
Sellers side of the HUD???
Morning all,
Ok so here is the deal.. I have a cash buyer that is willing to pay whatever fees I would like as long as the numbers make sense to them. His only requirement was that my fees show on the "sellers side" ...
Michael Soriano
I have cash buyers looking to work with wholesalers?
What is the best way to work with wholesalers when I have cash buyers? For the following: Make sure I get paid, the easiest & smoothest way to do this transaction(regarding signing contracts & assignments) &am...
Kellie Harden
Double Closing with Wholesaling
Double Closing
A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. The underlying reasons for h...
Daniel L.
Wholesaling Entity P&L, COGS vs Operating Expenses?
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
Manuel Angeles
Wholesale using a land trust by assigning beneficial interest?
Is it possible to wholesale using a land trust?Example: 1. Purchase a home with a land trust as the buyer2. Assign the beneficial interest in the land trust while in escrow, in exchange for the wholesale feeHas anyone...
Ceasar G.
PURCHASE CONTRACT and right to assign
Does my purchase contract have to have the right to assign or, or is their a separate right to sign contract that I have to sign. Or can I just assign my right to buy to a third party without any written contract with...
Paul Anthony
Are Lenders Okay With this Fee on Seller's Side of HUD?
I need to put a release of interest fee on the sellers side of the closing statement. The amount will be $30,000. It's for allowing a seller to get out of his contract with me, the original buyer, so that he can sell ...
Samantha M.
How to Verify Proof of Funds
When you wholesale, how do you verify proof of funds exactly? Is there something you need to do, or does the title company do it?