So, I just discovered listsource.com and how detailed you can make your lists of homes to direct mail. Very excited! My goal is to buy rental properties, and I was going to simply use an agent... but I found that the ...

I am getting myself confused between Yield and ROI.  For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...

I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated. If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm ...

What Is A Double Closing?

A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...

I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...

Hi all,Recently I had a REO property under contract and was going to double close it, in order to wholesale to another buyer. In double closing, there were 2 sets of closing costs to pay. The first on my deal with the...

We closed on our home and everything on the closing disclosure document was exactly what we received prior to closing. 5 days later we get this;
Hi XXXX and XXXX,
Attached please find an updated Clo...

How can a seller credit be paid once the closing costs are already covered? The seller wants to give a credit for repairs so we can close early but the closing costs are already covered. Where would this credit be app...

hi I am extremely new to real estate, I want to start doing wholesale flips I understand the concept of how to do it very clear but I am stuck on where to get contracts from and how to do the assignment deal.....and a...

I've never done a wholesale deal, but I am curious -  why would someone double close over simply assigning the purchase agreement.  I understand why someone may double close if their purchase agreement had an anti ass...