We have a $ 10k
wholesale deal closing on Friday.
In some markets, you can probably
wholesale deals closing in 75 - 80 % of ARV these days (very competitive markets with higher ARVs and lots of competition).
Not exact matches
If you are purchasing new rental property and have a need to
close, whether on an all cash purchase, or on a last minute
wholesale deal, a hard money loan is the best option.
Once you have
wholesale leads and a consistent follow up process - it's only a matter of time before you
close your first (or next)
deal.
On June 24, 2010 at 4:21 am, The ABCs Of Using Transactional Funding To
Close Wholesale And Short Sale
Deals Real Estate Investing News Watch Blog Aggregator pinged...
Since my capital is a little on the low side, more
closer to non exsistant, my intrests lie in
wholesaling, probate, and eventually rehabbing my own
deals.
Last Thursday I
closed on my first official
wholesale deal!!!
When done properly you will never need cash, credit or money lenders to do a
wholesale deal unless you have to do a double
close which is rare when working directly with sellers (FSBO).
From our mailings in Dec / Jan we've
closed two
deals (one
wholesale and one rehab).
Finally, and I hope this doesn't come across as egotistical or full of hubris, but with the perspectives, knowledges and advice given within this thread, I have
closed two
deals (one flip and one
wholesale) and have another two under contract since January 2014.
I'm getting
close to my first
wholesale deal after only 1.5 months and I couldn't have done it without this amazing resource!!!
Yes you CAN
wholesale MLS stuff, but you actually need to get the stuff under contract and assign or double
close like any other wholesaler will with real
deals.
I started off by mailing out 250 postcards a week and started getting calls and finally
closing on my first
wholesale deal tomorrow (or Monday at the latest).
I've been consistently
wholesaling for over a year and this month I have 4
deals I'm ready to
close.
He
closed his first
wholesale deal this week.
But strangely while shopping my
wholesale deal I found myself wasting my time in a meeting with 2 clowns who swore they were ready to
close only to find out THEY wanted to
wholesale it.
After earning a
wholesale fee on a great
deal he helped me get (he found the lead, I priced it,
closed it, etc) he told me he had the biggest check in his life in his hands.
@Account
Closed have you considered doing a couple
wholesale deals?
Just
closed on 2
deals yesterday that were online organic SEO leads that have about $ 35K in
wholesale profit that we will turn by year end.
All of our
deals so far have been
wholesale flips using either assignments or double
closings.
I made an offer on this property at $ 1500 less than the high bidder to
close in 30days and now 3 months later the high bidder was
wholesaling the
deal for less than the high bid.
So many investors on BiggerPockets have achieved incredible success — whether that's making a million by age 25 or
closing on that first
wholesaling deal — and the forums are always abuzz with those asking, how did you find the property, what were the numbers... or more generally, how did you get there?
St. Louis
Wholesale Properties for Cash Buyers and Quick
Close Cash buyers of real estate love
deals that work in the favor of not only themselves but for the seller as well.
In this installment, you'll hear from Mario Mullen - a new wholesaler from the Seattle area who recently
closed his first
wholesale deal and made a whopping $ 28,873.12 payday!
Tweet The Anatomy of a
Wholesale Deal: A Case Study In this guest blog post I will share with you one of my latest
closings every step of the way from lead generation to
closing.
Real Estate
Wholesale: Top 12 Questions To Help
Close Deals Via Phone That Made Over $ 200K.
It's about five hours of video training where I walk you through the entire process of
wholesaling - from choosing a farm area to building a buyers list, to analyzing
deals, writing up the contracts, finding an end buyer, and then getting the
deal to
closing and getting paid.
On Thursday April, 30th 2014 we
closed our first
wholesale deal.
Since then, I've
closed more
deals than I can count, have written two best selling
wholesaling courses (The Quick Flip Ninja and The Cash Buyer Ninja), and currently reside in beautiful St. Petersburg, Florida.
I've never
wholesaled a short sale, but it is my understanding that you'd have to double
close the same as with an REO (non-assignable
deal).
Scott recently
closed his first
wholesale deal and was able to put a 4k check in his pocket when all was said and done...
All
wholesale deals will be
closed at the title company that is selected by the Distressed Real Estate Institute and we only work with select and pre-approved title companies for double
closings.
I just finished up an awesome new Flip This Success Story interview with Neva Williamson, who recently
closed a
wholesale deal and put $ 40,000 in her pocket!
In this episode, you'll hear from Marquis Washington, a truck driver from Indiana, who just
closed his very first two
wholesale deals, and currently has FOUR more under contract!
Congrats on
closing your 1st
Wholesale deal!
In this installment, you'll hear from one of our students (Jamal Brown) in the Ask the Flip VIPs Coaching Program who just
closed his first
wholesale deal and made an 8k assignment fee!
This is actually Neva's second time being interviewed for my Flip This Success Story series - last year around this time she had just
closed her very first
wholesale deal flipping a condo and making a cool $ 13,750.
If you are willing / able to double -
close, there is money to be made in the middle of an MLS
deal (
wholesale profit).