All Forum Posts by: Jimmy C.

Sounds like the wholesaler was shopping a deal he didnt have seller signed docs back on yet. He may have never even put up escrow yet.

Bandits I tell ya!

For real, this is the type of stuff that gives wholesaling a bad name.

All of this is true. But a "cash offer" could also be a purchase contract without a financing contingency.

Unless a seller requests POF, then they really wont know if the buyer is cashed up or not.

Also,contact the closing agent who will be closing your side of the transaction. At least then you will know for sure what the hold up is.

Preparing huds? That takes a few minutes

Its probably a lien or something that's preventing them from providing clear title. Had this happen before and it delayed our closing 2 weeks. Lucky for the end buyer i told him exactly what was going on.

True Kevin. Which is why we love a particular title company where you're at in Seminole County.

Hey Josh,

How soon will see the beefing up of Pro account features? And will the price stay the same if we got everything Will just mentioned above?
And finally, will the current Pro members have to do anything different? Or will it be seamless for them?

I know you will eventually let us know. But I'm just curious how long it may take.

Yeah dont they just use a land trust here in FL?

Cant remember all the jumbo. But when it comes to putting a deal together, a transactional lender or temporary partner (w/e) is a godsend!

I would think if one wanted to dabble in this, it could be easily done by networking with your local wholesalers. If you wanted to create a whole business model, then obviously it would take meticulous planning.

Yeah call the code dept yourself and see what they want done

Its up to you what you tell the seller (unless you have a RE license which Im guessing is not the case). As long as your end buyer performs, you can tell them whenever you want (at closing). Obviously the path of least resistance is to not tell them anything other than when to be at closing.

The end buyer will have to know, in order to get their signature on the assignment addendum, and their escrow money.

You will have to tell prospective buyers right away when screening them. You want to make sure they are cash, can put up a non refundable deposit, and most importantly that they can perform (request POF).

With the movies at least you know you have a captive audience.

Grocery store carts could get noticed, if you did something to attract attention. A generic ad could be largely ignored though. Thats my guess anyway.

Dont bother with billboards. I tried that before. Big waste of marketing $$ for me. YMMV tho