Investment Info:
Single-family residence wholesale investment.
Purchase price: $93,500
Sale price: $109,000
Contributors:
Lee Waldrop
I converted a FSBO in my current neighborhood. I ...
How can I assign contracts to buyers who are buying a home with a mortgage which does not allow assignment fee and the buyer does not have cash out of pocket at the momemt?
Ideas please!
I just made my first offer on a 3/2 VA owned REO. I offered 62.5, the property needs about 32K in reno, I calculated my purchase, holding, and selling costs to be about 20K with a 150K selling price. I left myself s...
Is there anyway to get an end buyer to put up the earnest money to tie up a contract that will be assigned or double closed?
It is very important to have a power team when your are trying to invest in to the real estate market however, I am having a hard time finding a real estate attorney and Realtor to complete my power team. Is it necess...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Buffalo.
Purchase price: $45,000
Cash invested: $10,000
I stole this one. Throughout the process, I kept waiting for somet...
Hello: I am a new wholesaler in the NY/NJ/CT area and have wholesaled my first deal two months ago. Honestly, it was by luck and did not go through the typical "assign a contract" wholesale or "double-closing" wholesa...
Greetings, We are working with a new wholesaler and trying to structure an assignment of contract (our first purchase from a wholesaler). The current contract the wholesaler has is not assignable, however he will cor...
Hi Everyone,
I’d like to introduce myself to the world of BiggerPockets. My name is Abhi Kotti and I am a senior at Arizona State University (Barrett the Honors College) double majoring in Finance and Supply Chain ...
Im looking into flipping multi family props but all the experienced investors seems to also do a cash out refi before selling the property. I don’t understand why they do this. They are going to make a profit anyway a...