I've considered using the BRRR strategy over the past several years, but I am having some trouble coming to terms with the decreased differential between the monthly rental income and monthly PITI. I just started the...
Ok so I find a foreclosure deal...what happens next? I've heard that the asset managers can be a huge obstacle in moving forward with the process. Let's say that it takes 2 months to get to the closing table from when...
What are your guys thoughts now that word on the street says that many states are requiring wholesalers to get their RE license. Also does anyone know if Utah is one of those states?
Hi! I’m looking to get some information on wholesalers and the whole process. We are having a hard time raising money for our first deal. Can anyone share some light or information how how we’d get started? We appreci...
What would you do...
I have had a 40-unit multi family purchase tied up in a purchase agreement since February 9 of this year. It is being financed thru Freddie Mac and we have had a ton of hiccups with property cond...
Hello BP Family,I am looking for lender recommendations from people who have closed cash out refi on BRRRR properties. Properties in Georgia Commercial product for property(s) held in an LLC75% or more LTV - CASH OUTN...
I need to reduce the price of my property for sale. A reduced list price means I'm paying less in Capital Gains Taxes. How would a "Credit at Closing to help with Buyer's Closing Costs" come into play?Does this also r...
Hi,I need some help trying to figure out what to do. I sold a property on May 30th and am holding a first mortgage for the buyer. The buyers attorney did a Title search at the local town offices on May 9th and was tol...
I have not been able to wrap my head around a Double Closing. I understand the concept but what i am unclear on is, for the short time you technically own the property, do I as the wholesaler have to be ready for fund...
Is it legal for the buyer to pay the assignment fee at the time of the assignment, or does that have to take place at closing? Also, if it is ok for the fee to be payed at the assignment, would I have to go to closing?