Account Closed
Different way to structure wholesale deal
Hi all -I have a seller who's not too keen on the idea of wholesaling. I'm about to put his property under contract. The person I'd like to wholesale it to is a friend of mine who I trust. Could my friend and I create...
Precious Thompson
New Real estate Agent closing Deal
Have any new Real Estate Agents Closed a deal within their first 30 days?
Jose Castillo
TITLE COMPANY OR CLOSING LAWYER? MASSACHUSETTS
Hi would anyone happen to know the way I should go about closing a short sale deal in Massachusetts? Should I use a lawyer to close or a title company here in my state? I'm hearing that in Ma you MUST close a short sa...
Ivan Reyes
What's enough cash reserves?
My partner and I are securing a hard-money loan to do flips. Low to mid priced homes with ARV of 80-100K. We are working on our first flip at $70k ARV. We are planning on getting a private loan of $5k so we can have s...
Shannon K.
ASTRONOMICAL FHA 203K Closing Costs?
Hi everyone. I am looking for help from those familiar with FHA 203K rehab loan closing costs. I received my loan estimate...$95,000 loan total. Almost $14,000 FOURTEEN THOUSAND in closing costs?! <--Does not inc...
Account Closed
Starting out: Looking for strategies to lower closing costs
Hi there, I'm Didi and I live in the greater Philadelphia area. I'm looking to start my real estate investment journey with a house-hack. I have good credit and I've been preapproved but when it comes to the total amo...
Greg P.
Need some help please
Hello, I'm working out of our capital city here St. Paul which has the most investors. I'm looking to wholesale these by double closing. The problem is with St. Paul they have a thing called "code compliance" and m...
Alex Smith
Is this an arm's length transaction?
Hi all,
First post so hopefully I have this in the right forum. I'm currently looking to purchase an investment property. The buyer informed me they want cash and I only have about 20-30% of the purchase price saved...
Uwe S.
Upfront fees for due diligence from private money?
Originally posted by Nikko Lawson:I was recently contacted by a private money broker who works for a group called Kingdom Financial (website listed below) and we're working to get a MHP deal funded. Everything seemed ...
Tou V.
20 unit Apartment complex - $700k, good deal or not?
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...