Hey everyone,
I basically have all the information down about how to wholesale and how a wholesale deal goes. What I want to know is when you find a motivated seller and buyer, what to do next? Meaning like where do...
Can anyone tell me how long it takes for an REO bank to decide to sell? I put a bit in over a month ago, sent an addendum renewing my bid but hve not yet gotten a decision. Is that normal?
Hello Folks,
I am looking into flipping foreclosures in Austin, TX. I'm curious to know what are the average costs involved in the transaction. Outside of purchase price and front-end realtor commissions, what other...
Which makes better sense, have commissions, fees, etc. added to the loan or pay them outright to have a lower mortgage? What are the pros and cons?
Thanks.
Hello again to you all,Just a few questions..What is exactly is a closing agent?How important is a closing agent to your wholesale process?and, Is it necessary to have one?
I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a
Gross Rent Multiplier of 13.04). The property sold for 93...
Buyers agent asked for "up to 3500 in closing costs and fees". I'm fsbo and don't understand the protocol of saying "up to". What does that mean? I just assumed it will be the full amount.
hello BP fam,Does anyone know of a good, investor friendly, closing company/attorney in the Jacksonville area?
HI everyone!My name is Charity and I'm an escrow officer in Los Angeles. Please feel free to reach out to me if have any closing questions. I'm here to help, offer advise and creative suggestions. I like to think o...
Hello BP,
What are some common closing cost items that can be avoided?