Can my cash buyer use a line of credit , and I still get my assignment fee , if so , why?
Hello, everyone I'm pretty sure this has been asked on here before but I need clarification. I want to start wholesaling and my question is whats the process after I get a house under option contract. Do I have to tak...
I'm just looking for a little bit of clarity from the experienced... I'm a bit confused on how to handle a short sale that has 2 mortgages. I'll give na example: John Doe has a house that has a first mortgage of 20...
Hello,I've asked several CPA's, and gotten varying opinions. Wondering if anyone feels they have fully vetted this subject and come to a definitive answer.Situation: purchase a property subject to the underlying lien,...
Hi BP, I found a property thats supposed to be foreclosed on next month due to behind taxes...I reached out to the owners basically the owner is deceased and didnt leave a will no wife or kids...only a brother and a s...
I work out of a Property Management firm in Tampa. I help quite a few investors sell their rental properties when they are ready to offload. I also help quite a few new and experienced investors purchase rental prop...
Background:Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market). Listed for sale outside Philadelphia suburbs for $325k (with rent roll...
Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...
Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
Hello, I got my first property under contract to wholesale via a purchase and sale agreement between me and the seller. I have someone who wants to buy the property. My question is how do I go about assigning the cont...