All Forum Posts by: William Brown

Hi, I have a question about wholesaling. What happens if a wholesaler is not able to sell the house before the deadline of the contract is the wholesaler stuck with the house or does the wholesaler just cancel the contract? 

@Michael Worley Thanks for taking the time to give me this info it's very helpful thank you.

@Rochelle Ray Thank you and thank you for the advice gets me even more motivated.

@Renea Steward Thank you I am reading everything listing to podcast and bigger pockets is very helpful.

@Tim Farrell Thanks and I will be sure to reach out to you when I need property in that area.

@Michael S. Helton Thanks and yea I was at a bowling alley for a bday party it was a lot of fun.

Ok @Robert Sepulveda thanks for the advice I will put it to use thanks.

@Steve Babiak Yea that's a good way of looking at it instead of thinking im paying the lender back.  And pre-payment of principle is what im going to do when I get my first property get it paid off as fast as possible. 

@Steve Vaughan This is a chart from one of the bigger pockets blog I was just reading it trying to understand real estate analysis. And when I get ready to buy I will weigh all my options thanks for the info

Thanks for the link @Jeffery Griggs it was very helpful

Hi I'm still in my beginner stage in real estate and I want to understand everything about real estate to be successful in real estate.  I get a little confused when it comes to loans like how much I would have to pay back to the lender. I don't know if I'm right or wrong about it but below please look at the info in the Financing assumptions  would I have to pay the lender back $766,440 from borrowing $320,000. Can someone please break it down for me thank you.

My name is Will and I will be a successful real estate investor in my future right now im learning and building the best way I can I will start out as a wholesaler and will be the best I can be and move up from there working hard to accomplish my real estate dreams. My main goal in real estate is to own 2 apartment complexes with more than 150 units and a few duplexes and about 10 houses or more to rent out.

Thank you everyone for your information I really appreciate it.