Vincent Stefani
Wholesaling - License or no License?
Hey All!My business partner and I are starting out wholesaling in CA and wanted to get your thoughts. We are not licensed and I have heard differing points of views of whether or not we should be licensed or not. What...
Damien Fausto
double escrow question
correct me if I'm wrong but today had an appointment with a seller, everything was going good but when I told her I was planning on doing a double escrow she backed out. She had said that it was illegal to do this. Is...
N/A N/A
Furniture allotment?
My brother-in-law and I purchased a rental property in a "hot" beach area this spring. We only made 20% of the rental income that the agent and the rental company told us we would make and now I want out. The develope...
Pavel Shemyakin
Why dont wholesellers get licensed?
Ive been reading many topics on this forum since i was introduced to it, and one of the big debates is whether or not it is legal to be a wholeseller.On one side people say “you are not selling real estate, you are se...
Cirilo Villar
People Advise me to start in my area but I live in LA
Hello people left and right tell me to start REI in my own community but I live in LA where there is gang activity almost anywhere. Even if there’s no gang activity the prices are too high? Should I try another state ...
Conor Kelly
Using borrowed money as a down payment?
Hi guys,
I was hoping someone might be able to answer this for me. I live in Vancouver BC, currently investing in Windsor, Ontario. I bought my first rental property there last year and its doing very well. Now, of c...
Nghi Le
Rolling Flipping Profits into a Consulting Firm
I've been talking to a few lenders, financial advisors, and credit optimization companies. They all tell me that getting unsecured lines of credit is going to be hard for fix and flippers because it's a risky business...
Cheryl Branche
Taking over payments
It used to be that you could take over seller’s payments as part of selling/purchasing strategy. Then the practice was banned. What is the status of the practice now?Can wholesalers, cash purchasers purchase properti...
Josh Kundrat
Making a 5 unit into a 4 unit?
My question is can you decommission one unit of a five unit building in order to secure conventional financing? To me the obvious answer would be no, but I only ask this because I thought I remember reading a post abo...
Account Closed
Three-way Wholesaling Question
I just read about how to perform a three-way wholesale deal and I'm intrigued, but I'm not understanding how the contracts would be structured for such a deal. From what I understand the seller sells to a wholesaler ...