:D Once i have an e-mailed or verbal (agreed upon) price from a seller can i immediatley begin soliciting for buyers? On classified sites, real estate sites, etc.? I would have a verbal contract to make a start. But ...
The seller is stuck on 110k selling price/asking price. Arv is around 160k. Do I need to run the numbers until I get to that 110k that he wants or go in another direction?
Hi, I'm a newbie wholesaler with limited start up capital. So far I have managed to secure multiple cash buyers that are interested in both SFR and cash flow properties.Now of course what I need to do next is locate t...
Hi everyone! I live in Los Angeles, and driving around my neighborhood, I've seen a lot of houses that might belong to motivated sellers. I'd like to know how would you approach those sellers, what would you say in a ...
Hello Everyone, I am in the proces of formulating an offer that involves seller financing. Ive included the numbers of the deal. Have I missed anything ? Seem like a good deal ?The home is listed at $69,900. A duplex ...
Hey BP, Looking for advice on a deal that I want to buy. 1st the deal specifics then the issue. 4/2 can be bought for 20k, needs 15k rehab, 2k in back taxes owed, ARV is a conservative 65k . Looking at the house as a ...
It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
BP, I have a great opportunity to purchase a home being sold by my in laws. They are pricing the home well below market value if it's sold within the family. I'm a new RE investor and feel like this would be a great...
So after direct mailers have been sent out and sorting through the phone calls and setting up meeting with seller
Where does everyone get their contracts to have them sign?? I.e. Cash, seller carry back, and subject...
I was talking with an owner, I will not end up buying from him for the record. But initially he said he doesn't want to sell to a developer who is going to alter the house or tear it down. I told him I am not a develo...