All Forum Posts by: Samantha Lotti

@Roy N. 

Thanks for the response.  I actually thought I read on a blog that a person bought property and without fixing it, resold it to a rehabber.  Im pretty sure he specifically stated... "I flipped a property to a rehabber without doing any work to it", so I started thinking they were two different things in a sense.  

@Roy N. 

I have read/heard in the past that flipping property is pretty much the same as wholesaling vs rehabbing. Meaning... to wholesale a property is to contract and assign the property to another/investor... to flip a house is to buy a property and close and sell it to another/investor without fixing it up. Is that correct or somewhat correct?

@Hattie Dizmond Thanks for the clarification.

Sorry to butt in :)... I too am new and have a question.  The way I understand it, even if you dont do a double close, you still have to close with the new buyer. Therefore, you still need to deal with a title company.  Am I correct or did I misunderstand you?

@Elizabeth Colegrove 

 Hello and thank you for the warm welcome. I truly appreciate your input and everyone else as well. It great to "meet".  

@Dave Visaya   Thank you for the welcome and YES YES for sure I will utilize the site to its fullest.  

So would it be fair to say that a person could wait to get a license until they get the hang of how the business works, but still start out wholesaling? My goal is to make real estate investing a career, but still a lot to learn in order to reach my goal.

@Brian K.  Thank you for the advice. I am doing a crazy amount of reading and finally networking on here.  Being on BP has been a great experience so far and I believe it will continue. Its great to know that so many people, new or experienced, are so willing to share their knowledge and experiences with everyone to learn from. 

@Dmitriy Fomichenko 

Thank you so much for the post and the welcome mat you laid out for me. :) I appreciate the information you have shared with me and I will definitely take full advantage the links.    

Dell... Thank you so much.  Easy Peasy... lol