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I've never worked with a wholesaler before but this one I met on bigger pockets that found a decent property for $75000. It's a duplex that is currently being rented for a total of $725 but i believe with about 4000-5...
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When do Wholesalers use Transactional Funding in
North Carolina?
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 w...
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...
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So today I go to get some cash out of my heloc. Guess not! It seems citibank has decided my house isnt worth what it used to be and my heloc is now suspended. You'd think these people would have at least sent me a let...
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I've done private money lending in the past with both contracts and promissory notes. If you're a private money lender how do you protect yourself while lending? What legal documentation do you use? How do you vet you...
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hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.
Step One: Find a motivated seller
S...
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If I am trying to wholesale vacant land from people who are behind in taxes(preforeclosure) what needs to be on the contract? And do I need tobgo through a title company to get the deed?
Hello, I started buying duplexes and 4plexes about 2 years ago using the BRRR or BURR method. (Buy, update, rent, and refinance). I've purchased 12 properties, 90% of them being 4 plexes. I have a total of 6 conven...
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I am in discussions with a seller to put in an offer on an office building (in Tempe AZ). I have done hundreds of residential transactions, but never any commercial, so I don't know what I don't know. Any suggestions ...
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When dealing with REOS, what are some ways a wholesaler can get around having to front deposit money on the offer to the bank before they assign the contract?