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Hello Everyone,I a new agent. A friend contacted me last night about a duplex she is interested in buying. I pulled the property on title pro 24/7 (don't have MLS access yet) and looked at the comps and I'm scheduled ...
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I am shopping for a HELOC with small local banks to see what I can get.Here are details of an offer. Is this pretty much par what you all are seeing? It would be a line over $100m. The loan fee of 1% seems rough. Is t...
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Hey guys seeking advice:HOW DO I GET MY EQUITY IN LIQUID CASH FROM RENTALS?? All I own 3 rentals, all were purchased with conventional mortgages. the first Purchased for 60k, owe 36k, appraised around 70k. 2nd: purcha...
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Hi. My aunt has a mobile home that is in a park in a relatively desirable part of Los Angeles. The unit itself is not in great shape - it’s almost 40 years old and hasn’t been kept up very well. But it is in a good pa...
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Most purchase and sale contracts include a deposit clause. As a wholesaler is there a need to make a deposit? Should you, as good faith? Or can you avoid it by being upfront with a seller about your position?
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Hi guys!So i've been actively prospecting while trying to find wholesale/ flips and I found a seller today who owns a duplex he said he's trying to eventually wash his hands of. He mentioned that he's concerned about ...
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Scenario:
You are a college student living in college housing with 3 other roommates. You want to buy your own home and the same roommates will be living there paying rent which would go toward the mortgage. Now the ...
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Lets say you and a seller agree on a price to a house. They owe 45k on the mortgage and you offer them 55k for the house. You write up the contract and take it into escrow.
What happens next? I assume the tit...
Hi, I'm just starting out wholesaling real estate, looking to connect with as many people as possible. Trying to learn as much as possible. Any advice for me?
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I have not heard in podcasts or read in any book yet about this topic. Is it customary/required to have tenants security deposit transferred to buyer at sale or is the buyer responsibility to provide that when the ten...