How would I estimate repair costs as a beginning wholesaler? If the answer is to use a contactor, then I have another question. Why would a contractor want to work with a wholesaler (providing estimates) when the wh...
I just locked up my first deal yesterday. I am so excited yet nervous at the same time, but I guess that goes without saying.
I contracted two properties from the same seller. He is in a bad situation and needs the ...
Hi everyone,I am purchasing a house from a seller in Raleigh. They have a few undeveloped lots on residential streets downtown they want to sell. I honestly do not know the value of the land enough to make them a fair...
Hello all!I have a motivated seller (from Craigslist, btw) who wants to sell his house to avoid foreclosure. He says he's not in foreclosure yet...only forbearance for the next few months. He owe's about $3,000 to b...
Hey Everyone,
New guy here. I wanted to create a journal here to track the progress to my first wholesale deal. I figured this would be great way to keep motivated, meet peers and better my writing skills.
I'm curr...
Hello BP! I am working with a new client that is interested in Net Lease opportunities that have assumable notes. I am (obviously) having a hard time finding these opportunities and I am also having a hard time determ...
When buying a rental property, do you put a clause in the contract that collected rents will be given to the buyer at closing in a pro-rates fashion? Also, what about security deposits? Or is this part of the usual cl...
I have a lead from a motivated seller. The numbers seem promising however, I've never flipped/wholesaled an out-of-town property.
Any advice on doing this successfully?
We are working with a SFH seller who hasn't made a mortgage payment in 7 years. His arrearage exceeds his principle balance on the loan. The mortgage company just won't foreclose on the house because they know it will...
Is anyone still using option to purchase contracts? Especially in the Ohio market. I know the dept. of commerce was making a big deal out of it awhile back.
Thanks!