Nikki Kofkin
Deal didn't appraise, twice. Would you cancel this contract?
Hey everyone, I could really use some advice on a deal I have under contract. It's a massive rehabbed 4-unit building in Marquette Park in Chicago. Currently under contract for $451,000 but has appraised at $400k and ...
Joshua Carvalho
Do I need earnest money to get a contract for expensive homes in California?
I'm a new wholesaler in Pasadena, CA. Houses here have a median retail value of $600k-$700k. When I hear podcasts, read books, articles, etc. I learn that as a wholesaler I don't need any money to put down in order to...
Andrew Ramler
Using my license to put less down?
Hey folks,
I am about to put an offer on an off market fourplex in Dallas. I have my real estate license and I am thinking that once we come to a agreed purchase price I will ask if he will raise the price...
Francisco Milan
Real Estate Agent Services Postcards
Hello Guys, I had an account already but couldnt recover my password so just did a new one. Want to ask those who have experience with postcards, do you guys have a better response when you send out your postcards wit...
Shequann Burrwell
wholesaling a wholesale
Is it possible to wholesale a home already under contract by basicly contracting the contract already in place? I ask this because I have other wholesalers with homes already under contract and I might have the invest...
Tommy R
Is it required to give a certain amount of earnest money per contract?
And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...
Kyle Clabby
Owner Financed Apartment Building
I have a seller of a 3-unit that is open to owner financing but is a little hesitant because they got burned in the past from a previous type of deal. In the past they did a similar kind of deal but the person they ow...
Marcin Dymczyk
Wholesaling contracts NY
I have a few houses and phone numbers lined up to call. Before I do I need contracts! I can't find any and I surely don't want to meet an attorney and pay for the visit and contracts. Can someone please guide me where...
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Brandon Pain
Funding a 6 unit multifamily
I have an opportunity to purchase a 6 unit multifamily, and I would like to buy and hold.PP 130kRenovations est. 50k?ARV est. 250kOne unit is renovated and rented for 700/month.The other 5 need to be rehabbed.Gross r...