Hey everyone! I’m in The Houston market.
Been wholesaling for two years. Getting ready to do my first Wholetale deal.
I have the property under contract(with option to list on mls)
Found a investor friendly realtor....
I've never done a wholesale deal, but I am curious - why would someone double close over simply assigning the purchase agreement. I understand why someone may double close if their purchase agreement had an anti ass...
I have a multi family contract with a potential buyer looking to purchase the property with financing.its a bigger property with bigger numbers and an assignment contract is not the way I want to go.is it possible to ...
Hello BiggerPockets friends, I have flipped 2 homes thus far and have a three family investment property. I am now ready to invest in several more properties. I am an agent so I have the ability to view the MLS at all...
Investment Info:
Single-family residence wholesale investment in Columbus.
Purchase price: $7,000
Cash invested: $7,000
Sale price: $18,000
Double vacant lot that butts up to the highway
...
Hi everyone! I'm wondering what the differences would be between a double close vs contract assignment when tax time comes? As far as I can tell for contract assignment it would be income tax + self employment tax. Fo...
I have a lot I am in the process of buying that has some title issues. As I've been working on closing the deal I've now been approached by a neighbor that would like to buy the lot from me and they know of the title...
Good morning Bigger Pockets!When I lived in Florida my uncle had us investing in new construction luxury condos. They were a hot ticket item. We would pay 8k down and 6 months later when the property was completed we ...
Hi guys,Does anyone know if any conventional lenders allow double-closing? I know many of them get confused by the concept, but is it just another hurdle I need to explain or is it a no-go for the lender? I'm working ...
Hi everyone,I have a (complicated) question regarding double closing, foreign investors buying and selling properties in the US, and beyond.Due to our current situation (long story), we cannot afford to have extra i...