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Why would I get involved with a deal and you don't have the money to pay for the property if the contract expires. Is there anyone making money from wholesaling, who are getting homes under contract with no money out ...
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One of my close family friends is the principal broker at a local realty firm. He has about 80-100 agents working under him I believe and I was wondering what are some questions that I could ask him that might be able...
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Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
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I'm just starting as a wholesaler. I spoke to a realtor about this and he was interested in partnering with me. Never been clear on laws regarding assignments in NJ so I was planning on doing double close. He told me ...
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You want to get started in real estate but not sure where to begin? I brainstormed a list and added summaries to each point. I ranked this list in terms of difficulty which I'm defining as the big 3: Time, capital and...
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I want to set up a solo 401k (from my regular 401k) after I quit my job and go into real estate full time. I understand how to do this and that's not my question. However, I have personal savings outside of my 401k th...
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I created a system to find motivated sellers. I am now finding about one a week or so, that are ready to sell now or in the very near future (probate). I got my license last year, but I'm green in real estate. I hav...
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We believe in a better way to get started in real estate investing. No money down techniques have helped several of our members start taking ACTION in the field. Every week we meet on the south side of Chicago and l...
CPAs and the BP community with input/knowledge/experience with large monetary gifts:New Estate and Gift Tax for 2016Sometime in 2016, my wife and I would like to give my parents a large sum of $40-60k as a gift. I und...
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So i'm researching properties to buy at the county foreclosure auction. I came upon one that looked promising (like 40k difference in lender's max bid and value) but when I searched the title I found like 35k in fede...