All Forum Posts by: Jake E.

i would say that its not quite as competitive as Plano or Frisco when it comes to acquisition.  There really  is no difference  in hold time though. Wish you te best!

Hello Gunnar, I'm certainly sorry to hear the trouble that this situation has caused you. The only thing that I could suggest would be to just amend the lease to be more clear and in favor of you (the landlord). We use our own as do many landlords that I know. They, of course, are always written to protect us from situations like these. Have a great one!

if its a flip, most buyers would rather  look  elsewhere. That can simply become  a problem when trying  to get rid of it and eventually you may make up for the low acquisition price by paying on the backside. If it's a rental then you may want to pay close attention  to the post by Bill  Turner.

Ruffus, I'm not a private lender but utilize them often. Yes, they will lend 100% on the deal if its structured right (% and terms). Often times there are more private lenders in your immediate circle of friends than you know. The key is to make sure people know that you are able to put their money to work in an investment that's strong in position. 

@Chanel Hott, there are actually a couple of different ways to view "wholesaling" as most everyone knows it. First, you could actually buy a property at a discounted price by closing on that deal then sell it to someone else to work on it. That is, of course, if you have the funding to do so. What most people do is assign contracts and I think that we all have just grown accustom to calling it wholesaling. In either case there are some skills required in sales and marketing. Its okay if you don't really have them at first, trust me you'll learn them by force. Best of luck!