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Once I find a homeowner who's home is in foreclosure what do I do next step by step to wholesale their home to a buyer? Is there anything they have to do with the mortgage company to get permission to sell their home?
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I entered into an agreement with a neighbor to purchase a property in Reseda for $600,000. The seller informed me that she did not want to get an agent involved that she wanted to sell it privately. She told me anot...
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I have come across title agencies that are familiar with double closings and contract assignments, but they do not offer example contracts, nor will they draft one for you. They simply recommend that I have a lawyer d...
Hello! We are ready to put in an offer on our first house, but we need to be sure that there are contingencies in place, specifically an inspection clause that lets us out and guarantees our earnest money back.Is ther...
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Hi all,
I am looking to start investing out of state using the BRRRR Method and currently putting together a plan of action. I do not have a team of my core four yet, because I wanted to see if anyone had tips on how...
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Hello all...Woo hoo...I got 4 calls after sending my first mailing of only 40 letters...yep, 10% return!! So here's the issue on one of them,They are investors and want a bid of at lest 700k when the house will likel...
Can a real estate agent do wholesaling if an agent is working under sponsoring broker?
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I recently had a infill lot under contract to purchase so I can build a 2 family house. After months of seller trying to get a clear title, seller was not able to get the partial release from HUD unless all the procee...
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My mortgage officer offered a 20 year mortgage and a 10/1 arm. It almost makes my mortgage payment to the point where there would be no cash flow. Why wouldn't she just use the standard 30 year mortgage. I'll talk to ...
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Some states require a real estate license to wholesale (e.g., Illinois). Is this license state specific (i.e., does wholesaling in Illinois require an Illinois real estate license?), or is having a real estate license...