We have a very close friend who is desperate to sell her rowhome in Baltimore. She purchased it for 250K in 2007, owes 221K, and it is currently rented but the rent does not cover her mortgage. The rent probably could...
When an inspector finds Deficiencies in a home that need to be fixed (thats put in their report), who ends up paying for these deficiencies? Is it the seller?
If you had your own land, and you can either: 1. Build a 600 square foot stick built house or 2. Put a brand new 1700 sqft manufactured home on permanent foundation, what would you rather do? Stick built houses apprec...
Hi all! Trying to get a good idea on what monthly expenses would be for a 2/2 cabin in North Georgia and surrounding areas. Especially for supplies, cleaning, utilities and maintenance. Thanks!
Recently I started using this tactic when making offers directly to the MLS and it works. It has some drawbacks that I will outline later. I can't say I'm the originator of this but here's the deal.I have the broker o...
Hello
When making an offer on a REO with the intention of wholesaling, is the ernest money check ever cashed and is the time alloted for your sale to another investor the 21 days till your inspection? After the inspec...
Hi Guys, hope everyone had a great Easter.I want to get your thoughts on this question. Is it standard for an investor buying a contract from a wholesaler to pay all the closing cost when the property closes? I ask be...
Is it possible in a legal standpoint, for a real estate agent to represent a wholesaler?
Hi all - I posted this over in the Starting Out forum which I realized is under the Investor Basics section, so perhaps not the best place. But here goes it again:I'm currently looking at a new construction home as my...
This morning I read an interesting post within a REI group I participate in on Facebook. A gentleman in there stated that he requires his assignment fee at the time of assignment, prior to closing. He stated that it’s...