All Forum Posts by: Mike Romano

Hello, @Joseph Chiofalo investment property.

Hello,

I am looking for recommendations for any local banks in the Orlando or Deltona, FL area that offer cash-out refinancing.

Thank you!

Hello,

So, we put this property under contract with a wholesaler, after a month, the contract expire today, and we can not close this deal, because the sellers have been unresponsive to the wholesaler. the wholesaler asked me if I wanted to extend the contract, but these guys trying to contact the sellers for the last two weeks now, and no response.

What do you think we should do in this situation?

This is fantastic, @John Karg  @Jay Thomas  Much appreciated for the information.

As a cash buyer, if I come across a deal on the MLS, can I submit the offer directly to the seller's agent, or do I need my own agent? Would this increase my chances of the offer being accepted, considering the seller wouldn't have to pay an agent on my side?

Thank you in advance!

I'd love to see if anyone else has any additional tips on this topic!

Thanks @Chris Seveney

Hey everyone,

Curious to hear about your approaches to partnership payouts on deals. When you've agreed on a percentage of the net for a partnership, do you typically share all invoices, or is there a preferred method for transparency? How do you handle the financial side of partnerships to keep things smooth and clear?

I'm entering a partnership deal where I need to contribute a percentage of the net profit upon selling the flip. As this is new territory for me, I'd love some advice on how to navigate and manage this aspect effectively.

Thanks in advance for sharing your insights!

Thank you everyone!

I'm curious about how you all keep track of your fix and flip records, especially expenses. Do you have any go-to spreadsheets or organizational methods that you find particularly helpful?

If you're open to sharing your tips, templates, or any insights on what works best for you, I'd be incredibly grateful! It's always inspiring to learn from fellow flippers who've mastered the art of organization.

Looking forward to your thoughts and suggestions. 

Thanks a bunch!