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...
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...
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...
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...
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...
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...
Hi BP!; this is an interesting question from a different perspective than where I usually sit. I own rental property in Seattle market, but recently moved to the SF Bay area for a few years (W2 reasons) where I am ren...
I am selling this property which was purchased at a tax lien sheriff sale, I signed a contract with one of those contractor guys who buys for cash, but he is not licensed and is just trying to sell it or wholesale it ...
I have a duplex near a university. It's close to the university but also close to the bad part of town. It can be hard to find good tenants, sometimes we get lucky.I was living upstairs in the duplex and the managem...
So I'm in the middle of what seems like the twilight zone. I'm wholesaling the deal, found seller, buyer, closed, cashed the check. Done deal title company calls month later opps deal is bad not the real owner we miss...