#18 was a long time in the making. It was short sale with Wells Fargo with two mortgages on it. Started working on it last December and it finally closed on Friday 8/28.It's a 3/1/1 with large detached garage/worksh...
I’m forming my LLC, and I’m looking for advice on how to make sure I’m legally protected. Is a LLC the best type of corporation to form? Also, I want some advice on who to bank with and which kind of account I would n...
Hey BP community. Long-time listener and reader, first time poster. I am a newbie RE investor located in Phoenix, Arizona. By day I am a real estate and business attorney. My practice consists primarily of commercial,...
I’ve been looking into investing into RE and looking for loans and have came across the Fannie Mae HomeStyle Renovation loan. This loan looks the best for investing into property that might need some work but not too ...
First let me say I am not a wholesaler but have been the end buyer on a wholesale deal. I came across a property that the seller can't take no less than 80k. Properties in the area go for 130k roughly for a 3/2. My ...
I have heard a bunch of times that wholesaling without a real estate license is completely legal if done correctly with the right contract. And i have also seen on here numerous times that wholesaling without a licens...
I never heard of wholesaling before I started reading this forum a few weeks ago.
Please make this simple for me because I don't understand the intense real-estate jargon!
So a wholesaler is an unlicensed "middlem...
Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...
Consultant agrees to generate leads for Seller/Buyer. Compensation from Seller/Buyer to Consultant is a marketing fee of % of net profit.
Agreement can be cancelled by either ...
So here's the situation:
A wholesaler recently came to me with a property he is trying to unload. I was able to find an end buyer who loves the property based on the numbers. Unfortunately the current home owner isn'...