A real estate attorney @ one my REI groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E...
I am undoubtedly about to make a few veterans groan with my ignorance in this post so sorry in advance! Having NO real estate experience whatsoever, I became interested in wholesaling about 5 days ago- I have no coach...
Hi all -The mortgage agent who approved me for a conventional mortgage and agreed to have the the mortgage underwritten (he is not the actual underwriter) for a close next week on a rental property just came back to m...
Hey folks sorry if this comes off as a stupid question. But im dealing with a seller we discussed terms and a day for me to come out and view the property. She asked "when will I take possession of the home". Could so...
I am fairly new to wholesaling. I would like to use an LLC as the purchaser, then assign my interest to the end buyer at the closing. My question is would I set up the LLC first having it on standby?
My husband and I recently decided to make an offer on a short sale property. We submitted our offer on January 11th expecting full well to have to wait awhile to get any sort of response. We were notified on the 14th ...
Ok, so I have put in a contract on a 4-unit all with 2 bedrooms and 1 bath in Washington, d.c. and I am very excited. There are currently two tenants in the building and I am requesting the rent roll from the last twe...
So I emailed about 7 lenders yesterday and got replies back from all of them. After reading 2 of the emails I began wondering about these fees and when they are due. This is an excerpt of 1 of the emails I receive...
Okay so nothing exciting. I am helping my brother-in-law buy a house. I haven't looked at residential in almost a decade ! LOL
I only do the commercial side of apartments and triple net. Wow have so many things chang...
Hello Guys,
After a long 7 months my offer was finally accepted on a short sale. But after receiving the approval letter from the bank I have a question regarding the numbers below. My cash offer was $94k a...