Kerim Kerimov
Question about Earnest money
I have a question about earnest moneyIf i’m finding a wholesale deal“ON MARKET “can I give the earnest money after the inspection period and would my clauses on my own contract be approved by the agent how does the wh...
Beverly Lapena
USDA loans? Do you recommend them?
Hi my name is Beverly Lapena, and I just got my real estate license. I have a potential client that is asking about a USDA loan. I’m not too familiar with it so I wanted to get your thoughts on it.Would you recommend ...
Mike F.
Question about back to back or simultaneous closing
hey guys,
I am getting ready to do a double closing on a SF home that will be a cash deal for both parties involved.
I had a lady contact me to find her a specific property she wanted at a specific pric...
Account Closed
Usury
Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
David Johnson
How do I verify buyers for wholesaling?
I posted an ad on Craigslist and I had an investor reach out to me and tell me that he is looking for wholesale deals in the area that I live. Upon further inspection via White Pages and LinkedIn it seems that he is l...
Anthony Wick
You Don’t Qualify....Stop Pretending...
People simply can’t help themselves. They contact me for my empty duplex. I tell them the qualifications before a showing (yes, they are in the ad as well), and they say; “ummm...I’ll get back to you on when I want to...
Gary Dezoysa
EMD with wholesaler and HML in the mix?
I am buying a house for $170k in Texas. The wholesaler put down $1k EMD. The HML says they can 100% bridge finance the purchase price because I'm buying it deep enough (280k ARV). I will pay closing costs. The wholesa...
Bill Short
hard money
ok so i found a place bank owned for 99000 10000 rehab arv 200000 these figures are rough as im new at this and this would be my first flip so i need info what to do now do i contact a hard money lend...
Joshua Kulzer
First Flip - 11017 Rene
Investment Info:
Single-family residence fix & flip investment in Lenexa.
Purchase price: $174,000
Cash invested: $13,000
I bought this property off of a wholesaler. They originally wanted $189,...
Dan Verteramo
Selling Multifamily - with or without realtors?
Hi All,
This is my first post, I appreciated any feedback and/or advice. I am considering listing my 3 family investment for sale. I have met with 3 realtors and their CMA's indicate a value of around 450K(Cap rat...