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All Forum Posts by: Brennen Finchum

Brennen Finchum has started 3 posts and replied 4 times.

Post: How do we wholesale?

Brennen FinchumPosted
  • New to Real Estate
  • Franklin, TN
  • Posts 4
  • Votes 1

@Frank Hinck

Thanks for the info. So my follow up question to that is do I need to be paying full cash amount at the time of closing in order to acquire the title? Or is there some sort of workaround where I don’t actually use any cash until the buyer pays?

Post: How do we wholesale?

Brennen FinchumPosted
  • New to Real Estate
  • Franklin, TN
  • Posts 4
  • Votes 1

I'm trying to understand the wholesaling process after the seller agrees to an amount. Do you do two closings: one for you and the seller and the other with you and the buyer? Do you go to one closing with you, the seller, and the buyer? Do you pay closing costs or does the buyer pay the closing costs? I've been reading through the wholesaling bible, but am still looking for some clarity. Thanks!

Post: Is 100% financing possible?

Brennen FinchumPosted
  • New to Real Estate
  • Franklin, TN
  • Posts 4
  • Votes 1

I'm just starting out in real estate investing (like I found Bigger Pockets podcast a month ago and said I wanna do this!). I'm working on saving as fast as possible to invest more, but that looks like maybe $1,000 I'd be able to put down today. So does 100% financing for investment properties exist? If so, is it for a certain type of investment (fix and flip, BRRRR, short term rentals, commercial, etc.)? Obviously the numbers need to work out right, but is it smart on any level? What's the best place to start looking for and connecting with hard money and private lenders? I appreciate any and all experience. Thanks!

Post: Newbie from Fairview, TN

Brennen FinchumPosted
  • New to Real Estate
  • Franklin, TN
  • Posts 4
  • Votes 1

Hi there! My name's Brennen Finchum. I live in Fairview, TN and am brand new to real estate investing. I found the Bigger Pockets podcast about a month ago and am excited about connecting and learning more about investing! My wife and I had our third baby a few weeks ago and it's more or less lit a fire under me to start investing and growing my income. I think I'm mostly interested in learning the BRRRR method, fix-and-flips, and short term rentals. I'd love to get started investing as soon as possible, but would need to finance 100% at this point. I welcome any wisdom and advice on this, specifically on finding hard money and private lenders! Thanks!