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All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 1168 times.

Post: Wholesaler / Seller for Commercial Properties: 5 Units and above

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

Your dreaming buddy if you think your going to find a deal at those prices unless you buy a dump.

Post: What's the flow of a wholesale assignment, offer through closing?

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

But I would be there just in case there are some issues you need to work out between the buyer and seller. Many times I was not at the closing because the buyer would go to the title company and do their closing and later the seller would go to do their closing.

Post: What's the flow of a wholesale assignment, offer through closing?

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

You don't need to be at the closing as you are not going to be signing everything. All you need to do is go to the title company after the closing to pick up your check.

Post: What's the flow of a wholesale assignment, offer through closing?

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

If you are doing an assignment your fee will show up on the HUD 1 closing statement.

Post: Looking to learn!

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

If it is a smaller bank they you may have a shot at finding the right person.

Post: Looking to learn!

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

If it is now bank owned, they are the owner. It is difficult to get to the right person in a big bank if the house is not listed.

Post: The fastest ways to build a cash buyer's list as a wholesaler

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

No I subscribe to a service that provides me their current address, emails and phone numbers. It only costs me $49.95 a month with unlimited use. It is well worth the cost.

Post: The fastest ways to build a cash buyer's list as a wholesaler

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

No you don't just call them. there is NO cost for this method. 

Post: Looking to learn!

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

yes that is all you can do.

Post: Looking to learn!

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

If the bank owned property is listed then you have to go through the listing agent.