Are real estate commissions and closing costs included in the 70% ARV when running the numbers on a property?Example 100,000 ARV-20,000 Repairs-50,000 Purchase PriceMy question is are the sales costs less than the...
I am in process of buying a wholesale deal for the first time. I have deposited a $3000.00 and waiting on closing next week. The wholesaler called yesterday and let me know that because this was a short sale deal ther...
We have had our house listed for about 3 months now and we've had 2 total family's come through. Its listed on the MLS for 254,900.00. We own $222,000. We need to move and are looking at other options such as Rent ...
Now I'm no expert with this, but I do get at least a few calls now and then from people who are behind, and need out. They generally owe close to 100%. Not knowing much about how to pull off a short sale, I generally ...
I made a cash offer on a house that was listed as a short sale with settlement within 45 days. My agent told me that the seller's agent told him that the bank approved the offer. We then signed a contract for sale wit...
For the negotiators and short sale investors. I'm looking for a number between 0 and 100%.
Of all the short sales that you received approval on, whether it was an A-B to B-C, or normal transaction, how many did you ...
I usually wholesale single and multi family distressed but never a commercial property. Is there much of a difference? Are they more difficult to find? I had an investor come to me and tell me that he sold his commerc...
Hi, trying to figure out logistically how to go about this plan. We wanted to sell one of our rental property in a HCOL area that’s about $1mil into multiple cash flow properties in out of state that is in the range o...
Hello, I need help figuring out how to do this the best way without title, legal, or financial trouble.
We've negotiated a deal with a seller (who we know) that we'll buy his house for $345k in 3-6 months after we're...
I'm getting working on getting my first house under contract. I know the process of wholesaling a home ( getting it under contract & finding an end buyer). But I'm having trouble understanding, Do I need a "Sale c...