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I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
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As a "cash buyer" I am (or was) on many wholesalers' buyers lists. There is a fairly recent trend where real estate agents/brokers are getting on the "re-wholesale" bandwagon and basically adding on an additional $5k-...
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They are trying to make wholesaling illegal and also in this bill it states that if the real estate commission finds you guilty they can decide the fine or penalty. Of course this bill has been written by a realtor th...
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I was talking to a realtor who has cash buyer clients and he was telling me how wholesaling isn't an officially recognized real estate practice in the "real estate" industry.
It could be considered an illegal...
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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
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when you go after the banks......
http://www.wikileaks.com/
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Hey guys, I'm 23 and closing in on officially purchasing my first rental property, just finished inspections this week. The property is a 4plex in a great part of my town. Two of the units are currently rented to LONG...
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Alright, I apologize if this becomes controversial, or offends anyone.As an investor and agent, I am seeing a lot of speculation in the market. It seems to me, that stock market speculators, are looking to unload thei...
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Has anyone else had a bad experience with this guy? He is another 'no money down' guy, but as a student after paying thousands of dollars, he was never available, never answered my questions, and pawned all of his me...