Can I use two purchase and sale agreements to close a deal?
Hi everyone,Currently wrapping up my second SFR, this one located in St. Louis. My question is about realtor fees. I signed a buyer’s purchase agreement with a realtor that I got to know through this deal (he was alre...
Hi, is there a cooling off period for a non-consumer hard money loan in California? This is a loan made to an irrevocable trust, if that matters.
I have recently went through the process of setting up my SDIRA with checkbook status. The bank that is housing the LLC insisted that I have a credit card. Is it a prohibited transaction to use the LLC credit card to ...
i have a possible REO deal on the table. A seller emailed me saying that they had a few REO deals they had access too, they would be able to use transactional funding to buy the properties from the bank. I have a buye...
Hello,
This question is probably for those investors in the forum who have completed a wholesale deal or two with bank owned properties. I ran into a situation were the seller (US Bank NA) didn't want to sign the cl...
I have an attorney wanting us to sign a " waiver of conflict " for a double-close deal (B-C contract). I never had this type of document requested to sign before. I love to hear your opinion on this. Is this normal? H...
I have received a call to list a short sale for sale. I am an agent, but this home could be a great investment opportunity.
How can I make this work so I can buy it?
1 problem is that I would need an extra 150k to ...
can someone give me a example on how to do a double closing when doing a wholesale.
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...