My husband and I live in Tennessee, and made an offer on a home for $95,000 with $5,000 down at 6.5% for 20 years with owner financing. The owner's don't owe anything on the home and bought a new home a couple of yea...
I have read so much literature that it should be coming out of my wazoo. LoL But seriously, every other book I read seems to differ on which process of wholesaling should be your first call to action. So my question i...
Has anyone had experience or is it possible to wholesale houses off of the auction sites? I have heard they can't be assigned but a double close can be done. Is this possible?
A to C transaction. Buyer was fine with zero cc. I negotiated 3% and plan to collect this amount in order to release my Notice of Option. We are planing to close this coming Wednesday. Last Friday I forwarded to the ...
Hi Guys my name is David I'm just starting out in wholesaling Pre-Foreclosure homes. I have a tone of leads and all contact info and haven't made any calls because I have been extremely nerves on what to say. Maybe yo...
Hello. So I have a question and just wanted to make sure I am in the clear. I am doing a 1031 Exchange where I sold a condo property I owned free and clear for $144,357, whereby I netted $133K that my 1031 exchange ...
I borrowed $141k hard money at 7% interest-only and escrowed ~$10k with them for repair costs (not sure if that matters). My monthly payment on the hard money is $822.I'm now trying to refinance into a conventional mo...
I am writing this because I see so many post about Midwest properties and while mine was a rather easy (though still sot money) issues to fix not all of these situations will be. Let me start with do you have your tit...
Hi,I’m new to real estate investing. I found a duplex I’m interested in and I want to make an offer. It needs a new roof and one of the units had some water damage so I’d need to redo the cabinets and floor. I figured...
I have been doing some research on cash back at closing. I have found different opinions as to the legality of such transactions. What I am consistently finding is the purchase price is inflated fraudulently so the ...