All Forum Posts by: Ralph Massetti

Thanks Don!

I was hoping to language to cover and secure the advance should an unforeseen title or other issue arise which could kill the deal. I have the standard NAR and other PN docs, but expected something more wholesale specific.

I'll DM now with the Lot details. I am still contemplating doing a rebuild on it myself (it is a fire damage home), but I have been doing rehabs in the East Coast this summer. I have it on the MLS in the meantime and entertaining Offers.

Thanks again! Ralph.

Hi BP Members!

I have a Lot in Tucson under contract that we plan to either wholesale or Close for on for our own Portfolio, so there is no chance of a fall-through on this one.

That said, we are giving the Seller a cash advance on the sale in exchange for a longer COE.
Does anyone out there have a modified Promissory Note designed for a cash advance while in Escrow? 

We have searched around with no luck, but we know many wholesalers offer this and were hoping someone in the group had one available.

Can you please share if you do? 

Thanks!

This is why there are no reviews (good or bad). Users are terrified to share their experiences when companies threaten to sue them for exercising their free speech. 

This is from the Flipster Terms of Use document. 

We looked into it and ran the other way when we read this.

Non Disparagement

By participating in any training offered by JLN Group and/or any other related companies you agree not to make any derogatory statements regarding the Company (or any of its affiliates), or the practices, skills, or procedures of the Company (or its affiliates) in a public forum, the internet, or to a third party in any manner, whether written or verbal, in perpetuity. Default by Client In the event Client has violated the Non-Disparagement portion of the Terms of Use due to the fact that such disparagement can cause lasting and irreparable harm the Client shall owe Company a minimum of $50,000 as an initial penalty or $10,000 per person who reads or is otherwise exposed to such disparagement (whichever is greater) in addition to any other damages Company may have incurred in costs or damage to it’s reputation and/or goodwill including all costs of enforcing the terms of this agreement including reasonable attorney fees.