Hi all,I have been using a credit line to purchase properties in cash. This gives me better leverage to negotiate with the seller. Then I refinance on the other side after Iv done repairs. Recently, I spoke with my le...
I'm wondering if anyone has any advice on wholesaling a property from a broker.
I have never wholesaled before.
To my knowledge, typically wholesalers hold a contract from the owner of a property and try to sell th...
Hello BPers,
I am still new and learning every day. My question is about financing a deal with a cash offer. I wondered how to pull out the cash and re-invest in another property. I recently had a discussion with @Jo...
I found a mobile home park in a growing town that is vacant. 5 acres- 16 established sites. Needs new water lines and possible sewer work. Potential for 10-15 more sites the way it’s laid out. It meets Jefferson Lilly...
I have an owner of a 6-unit Apartment Building who is willing to do some sort of Seller Financing arrangement with me. I have offered $0 down, 24 monthly payments, and then a balloon payment after the 24th month ( wh...
I’ve been focusing my studying on Wholesaling Pre-Foreclosures lately. I’m ready to take that leap, but I want to make sure I have everything lined up correctly first. Please fill holes where you see fit.
With the au...
Hi All,
I was under contract to close on a multi-fam in NJ. My closing date was scheduled for 4/19 but the seller was trying to make changes to the original contract. So since negations we're not complete on 4/19 we ...
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
So you've got a seller on the phone and they're motivated. What do you tell them next? My plan is to say something along the lines of, "OK - Great. Let me do some research and I will get back to you today or tomorrow ...
How do I get my proof of funds letter from my cash buyer and what do I do if the agent or seller wants proof of funds before they sign the contract and before I can find a cash buyer