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John (REI) and I have been having a bit of a tangent in getting licensed pointing out some state oddities. John thought that we were going far enough into the weeds there that I should creat a new post.
If you know ...
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So I quickly got a property under contract (my first wholesale deal!!) and Im trying to understand what my options are at closing...WITHOUT the original seller knowing that I just sold their house for more. There is t...
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My title company has told me that it is impossible to do a simultaneous closing using only the end-buyers’ money to fund the transaction on a wholesale deal as they say it is considered a “dry closing” and is illegal ...
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The topic of loan servicing came up in another thread here on BP and to more fully respond, I thought it was best to do so as a new topic.
I strongly advocate the use of a loan servicer for any installment contract o...
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Hello, Hope this finds everyone having a fantastic weekend. I made the following offer to a seller and she accepted:>>>>>>>>>>>> A - $75,000 in two months$35,000 down, $40,000 in tw...
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Every now and then, I'll receive a legitimate check in the mail with a warning that by endorsing it, I'll be agreeing to sign up for an insurance policy, a magazine subscription, or whatever else.
Anyone know about t...
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Hi BP Members and Fellow Wholesalers,I'm a wholesaler in Toronto, Canada looking to make an offer on a home very shortly. If the offer is accepted and a PSA is signed, I will eventually have to double close as the pro...
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Im the type of guy who likes to understand both sides of an argument. I recently have been talking to different brokers here in Maryland and I get what seems to be the same statement."We don't allow our agents to perf...
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I just finished reading the Wholesaling Guide on BP for a second time, just to brush up on my Wholesaling knowledge. Now i'm back here, and seeking a final answer to the big question I know many other Noobies have abo...
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Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...