Ilir Shkurti
Partnering in Flipping homes - how to exclud partner’s profit split from my taxes
Hi, apologies in advance if this question has been asked before. First some background. I am considering partnering with a friend, who happens to be a skilled builder/rehabber, on flipping homes together. We are consi...
Sandeep Sood
Putting contingency in AOS - Finding a reliable Tenant
Hi,I'm wondering if somebody faced a situation where Seller is selling in a Winter and he is not even trying to fill the vacant unit before closing.Context - Finding Tenants in winter is very hard and Closing is sched...
Phillip Ambrose
Maybe stupid ? Owner financed fix and flip?
I have someone who has a house they would like to sell but unfortunately they dont have the money to make the fixes needed to get premium for it. My thought was could I get it under contract and then market it to be s...
Darnell Fenderson
Lending for low purchase price
Hi Team,
I have a property I would like to purchase for a buy and hold at $42,500. However, I am having trouble securing financing for this property. Can anyone assist me?
Lois Johnson
What is simultaneous close? Is my role in the process legal?
Hello,I am hoping to gain some momentum in the real estate investment game. I am currently in the process of educating myself to avoid scams.I have been introduced to a group of investors and I've been told that if I...
Drenda Holmes
Help I want to get started in REO's
Hi I am interested in finding out all I can about REO's. I live in Maryland and I know rules differ from state to state. I want to know if there is a way to put in a contract with the bank and then flip to end buyer w...
Jimmy Mills
"If you close more than one out of ten offers, you're paying....
I believe I once read something to the effect of "if you close more than one out of ten offers, you're paying too much." It may have been one out of 30, but I'm curious if others feel that way today. With the books fr...
Account Closed
How do I find Notice of Default records for homes in the South Bay?
I'm looking to find properties with a notice of default, do we simply use the LA County Recorder's website? I can't seem to find anything.
Najee Hoggard
Closing the deal and closing cost
I feel I’m approaching my first closing very soon but I’m trying to figure out do the anxious wholesaler (me ) pay closing cost for the wholesale of property or negotiate to where the cash investor pays that as well
Kurt Schmid
Wholesale
I just want to make sure I completely understand the concept of wholesale real estate. Please respond if I need correction.
You negotiate a deal with the owner of a property to buy it at a discount. You sign a cont...