I'm new to real estate investing and I'm starting out with wholesaling. I understand the whole contract assignment or double-close process, but I'm not clear on what price actually gets recorded as the sale price. For...

I saw a listing on the MLS for a property that is accepting all short sale offers. My first question is...can a short sale be wholesaled? If so, do I have to tell the lender or bank that I plan to wholesale the prope...

Hey BP, in a bit of a dilemma and would love some feedback from the community. So far I have one duplex and have a couple other deals in process with intention to BRRRR. I work an office job within a sales department ...

Hi everyone,I am a wholesaler in New Jersey - my attorney told me shortsales in New Jersey are illegal to wholesale. I know that shortsales are dealing with houses that have negative equity, but I still don't fully un...

Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...

Well, nothing to see here, move along . . . (Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, a...

To be fair, I'm posting this as much for investors as I am for other Realtors. Partly because in times like these (or any market really) seller concessions can be an excellent tool for improving buyer conditions, but ...

Hi all. Got a fuzzy question i cant seem to get clarity on. I own an investment property that i have a primary mortgage on. I also recently got a heloc on the property but havent drawn down on it. I am considering a 1...

Hi all -The mortgage agent who approved me for a conventional mortgage and agreed to have the the mortgage underwritten (he is not the actual underwriter) for a close next week on a rental property just came back to m...

Ok, so we bought a deal from another investor. He gave us a great price, and we closed on it with our cash. My partner went to closing, and he had mentioned that it was a short sale being flipped to us. I didnt rea...