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I understand the 70% rule and I know of (have yet to practice) the fixed cost method for calculating MOA. However, I’m curious as to which one is best for wholesaling in general. Or is it situational? And for the fixe...
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Hey Everyone!
I am currently looking to expand my business and am wondering what your full time marketing plan of you guys who are full time wholesalers? I have done about 25 deals so far and have been full...
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Hello everyone,My question is related to a house hack situation. I am a recent college grad with the ability to qualify for my first mortgage and move into an apartment building. I don't have a lot of money out of poc...
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The reason is because its a Fannie Mae property I have to have the contract in my name. I spoke with an attorney that told me that the only way to transfer it into my LLC is to default the loan. This doesn't sound l...
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I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
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I'll preface this that I will be speaking with a local attorney to get their opinion on Monday but wanted to see what this group thought of my situation.I have a duplex that had a single room and contents fire. The f...
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Hello EveryoneI am just starting my journey in Real Estate Investing. A little bit about myself. I am 34 years old and been in my company for 15 years now. In order to survive in this world, I work two jobs about 65 h...
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Forwarded to me recently by a colleague, from the Ohio State Bar Association's listserv. Apparently the Ohio foreclosure process is about to change. The devil's always in the details and implementation but it sounds l...
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Hey ya'll. I'm 38, no kids, and am finally looking for the financial freedom to stop working to fulfill someone else's dream and start working on my own. Currently I am trying to pay down credit cards and clean up my ...