Susan Tan
Story Time: Meeting a notary to close on a rental during pandemic
I'm a SF Bay Area-based beginner real estate investor who invests in Ohio. This is my experience on closing a rental duplex.I was in a N95 mask for 2.5 hours this afternoon. I signed docs w/ a notary in-person at the ...
Marc Freislinger
Contract assignment or double close?
Since I don't have the resources to fund every deal I come across, I've been doing some research on wholesaling/birddogging. It appears that there are two basic ways to do this.
Contract Assignment
As I understand it...
Paul Ewing
Got baited by a bandit sign :(
Well that was a new one. Totally amateur hand made sign so I thought I had a good lead on a FSBO. Turned out to be a wholesaler trying to tack $10,000 onto a house that has been listed for $15,000 too much for the l...
Curt Davis
The Corn Dog Lady
So last week a local wholesaler called me to come take a look at a home that he thought I might be interested in buying. I showed up and met him along with the 2 older ladies who owned the home. The home was vacant ...
Michael Lauther
Offer accepted, Time is of Esence to close Bank cant close
I put $500 earnest money and bank countered and I accepted counter . they stipulated that if I could not close by 8/20/12 they would be entitled to $100 per day. i am ready to close they cannot get title cleared in ti...
Mike Adams
Selling house in NY, buying in NJ, need more time - advice needed
I'm selling my own home in Westchester and moving to NJ, but had hit a speed bump. The buyers for my home just received the commitment yesterday and would like to close ASAP. However, the contract says Nov. 10 as th...
Brandon Mix
Highly Competitive Market
Investment Info:
Single-family residence wholesale investment in Arlington.
Purchase price: $130,000
Cash invested: $1,010
Sale price: $160,000
This was another wholesale deal we locked up. This ...
Joshua Horn
NEWBIE. At closing with wholesaling, do the buyer and seller....
At closing with wholesaling, do the buyer, seller and me all meet there at a set date and time? and if so my follow up question is what's to stop the seller from when he see's my assignment fee of, lets say 8K, from j...
Rene Calacuayo
Wholesaling & Hard money lender?
Do i need a hard money lender in order to do a double closing on a wholesale deal?
Kurt G.
2nd Flip = $26k Profit! Lessons learned = Invaluable!
Purchase Price: $39,000Buying Costs: $1,000Selling Costs: $10,400 (Incl. commission, buyer's closing & warranty)Rehab & Holding Costs: $24,400Sale Price: $101,500Profit: $26,700Holding Time: 112 days cl...