Angel Hernandez
Realtor wholesaling into a conventional loan?
Hello everyone,
So I am a realtor and came across a property on MLS for sale. Listing agent is wholesaling the property, marketed the property as them being the owners, found out this is an assignment of contract, t...
Steven Rosenblatt
Short sale assignment
How do assign a short sale after the 3rd party approvals. Can you just do an addendum? The original contract is a standard Maryland contract using a realtor.
Terry Royce
Assignment Fees
I guess I am a bit confused on this assignment fee thing.
If I put a house under contract for 30k, and then assign it to my end buyer through an assignment contract for 39k, does my end buyer have to cut me a check f...
Bhaskar Pusuluri
Buying from wholesaler
We are buying a property from a wholesaler. He is assigning the contract to us .he us not doing double closing .He is taking 10K as assignment fee.Does the bank include the assignment fee to the contract price ,while ...
Nick Tiscareno
Question about a Purchase and Sale Contract
Was up bp,Found a house for sale by owner off Craigslist, that I'm about to put under contract. "EXISTING MORTGAGE (S): Existing financing on subject property will be current in all payments of principal, interest, ...
Ruben Ramon
Question from a Newbie
Hello, I'm new to the board.
I am working on a deal that looks like this. The property is in Michigan, a mortgage state. I have a property that has been through the sherieffs sale and is now in the redemption per...
Ferris E
Is this possible?
Hi, I am a newbie investor and have a question: I have a house which owned by a friend it is worth 100k. I showed it to someone who wants to buy it. I already have the house under contract to buy for 95. What is the b...
Mark Berry
Asigning a short sale
Does anyone understand how to as asigns a short sale so that you can wholesale the property without purchasing it first.
I am trying to avoid seasoning of title and any transfer tax that would come with it.
Jesse LeBlanc
When do Wholesalers use Transactional Funding for Double Closings
Over the years, I have seen a handful of scenarios where Wholesalers have reached out to a Transactional Lender to fund their double closing. Some wholesalers use a transactional lender on every deal regardless of the...
Larry Moore
Best Contract/Method for Double Closing
Trying to decide which is the best method for double closing: using an option contract, or warranty deed transfer. Seems like there are a lot of advocates for using and recording options, but, also some who have issu...