Steven Paul
Buying a piece of land
Ok so i'm going to start doing direct mail to buy land a resell them. I have no idea how to buy and sell a property, if someone accepts a letter where do i go from there? and what do i need to do and how much would ev...
Gabe G.
HUD home and losing earnest money
It's been awhile since I purchased a HUD home.Is it true as an investor the inspection or financing contingency put in a contract, means nothing? Meaning that if you are an investor, and the inspection is unacceptable...
Jay Garrison
Any drawbacks to not being present at the closing?
If a seller has the option to give (limited) power of attorney and not be physically present at the closing, are there any potential drawbacks to this? All the documents requiring signatures and notarization will be p...
Susan Franco
Conflicting advice regarding paperwork
I am a newbie here, and am getting conflicting advice from others.I got the seller of a property to give me a signed "option to Purchase"agreement, however I am getting differing opinions that you first need a stan...
Terence Curry
I have a seller, and a contract. Now what?
I have been watching videos, and reading articles in order to learn the wholesaling process. I am ready to dive in and make the first deal. What I don't understand is WHY do I take the contract to a title company? ...
George Courtney
a few more questions before take the plunge
Hi Family,
I have a few more questions before take the investment plunge:-
1. What is the maximum amount of time that you would put into your purchase agreements for its duration to maximize the s...
Account Closed
DOUBLE ESCROW IN NEW YORK
Hello Everyone,I am a flipper in New York (Orange County) and I was wondering if you are allowed to use the CASH buyers own money to perform a double escrow closing during a wholesale transaction ? Or do you have to u...
Michael Acheampong
Duplex House hacking
I’m in the process of possibly purchasing my brothers duplex. The goal is to apply for a mortgage at the same bank he applied for his mortgage and take over his mortgage.First, I don’t even know if that’s possible.Als...
Mark Yuschak
Fannie Mae deed restrictions and rekey fees
I'm growing really tired of the Fannie Mae deed restrictions and rekey fees. Is there any way around them?
I made an offer on a FNMA REO and we negotiated back and forth. In each one of my counters I had "no deed...
Jeff S.
We Loaned on a Stolen House
Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...