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This is going to piss off a lot of agents.I was reading here on BP about a buyers agent refusing to submit an offer unless it is at or above the asking price and I kind of got pissed off.In today's markets the buyer u...
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Just wanting to warn everyone about possible issues with using the provided title services associated with a Hubzu auction property.This is what happened to me on a recent transaction on a fix and flip property that I...
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Hi BP,
I was wondering if there are any states, cities, or areas where they are completely against wholesaling? I understand that it is looked down upon in general by some but are there any areas where it is deemed...
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I've heard that people are flipping HUD homes by using two closing companies. The B-C transaction is closed at one closing company, then the funds needed for the A-B side are sent to the other closing company (HUD's c...
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Hi BP - wanted to hear some thoughts from everyone's creative minds on this: I am in the Richmond VA market and one of my off market leads is a person who is letting a home go into foreclosure. She basically said she...
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I am thinking of pursuing this avenue. I just want to make sure it is legit to present a transactional funders POF letter, and do a double closing with these types of properties as I understand they keep the EMD no ma...
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Hey guys I would love if someone could please help me. I've decided to jump right into real estate wholesaling and I've found a property to put under contract. The seller explained that there are liens and that he was...
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REAL ESTATE PURCHASE AGREEMENTThis Agreement shall become a binding contract between Buyer and Seller effective as of the Sellers Acceptance Date.General Information. The following capitalized terms and phrases have ...
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Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...
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There's a chance I may be able to avoid using a trans funding company for wholesaling an REO I have a contract on. I was looking at having to do a double close, with trans funding for A to B, which will eat into the p...