15 December 2011 | 10 replies
The answers will range due in large part to how the transfer (wholesale deal) takes place and the price points.For instance, if an REO, it is likely not "assignable" so if the buyer of the REO is using a second escrow for a double closing, then they will want a non-refundable deposit so you don't walk away and leave them holding the bag.If it is assignable, then it all depends on the contract wording that they are taking over, if an inspection period timeline is left over, they still have that.In other wholesale deals, they are mostly non-refundable deposits to keep you from backing out at the last minute with nothing to lose, that protects the wholesaler.As for inspections, typically, you as the buyer should do your inspections first, then decide if you want it and at that point, a refundable deposit is not needed, you have already made your choice to purchase the property.
12 December 2011 | 0 replies
I would like to attend large events, focusing on commercial real estate in different locations this upcoming year.
13 December 2011 | 1 reply
I have large inventory of houses throughout California, I need help finding buy and hold investors or fix and flip.
3 May 2014 | 80 replies
Failed to close on a 1031 exchange so had to send in a large tax check.
10 January 2012 | 7 replies
I mostly purchase REO properties to flip, and a large majority of them come from contacts I have developed so I get them before the competition knows about them, that is my game.
2 January 2012 | 14 replies
Back entry door with large dog door installed, security and heat loss issue.
29 December 2011 | 10 replies
I think if I either had a day job with a large pay check, like maybe a doctor with the same high income I have, or maybe did not have so many houses, they would have felt comfortable signing off on it.
18 December 2011 | 7 replies
Actually, it is graph paper and prepared to scale.
18 December 2011 | 11 replies
If you don't have a ridiculously large salary, #5 is the only way to achieve wealth in a reasonably short period of time without great risk.
26 April 2013 | 2 replies
If you see a person in bell bottoms and a tie dye shirt, you know that's 70's, and if you see a ranch house with a Japanese inspired entry and a 5/12 or shallower roof, with large windows, situated across almost the entire lot with a large front and back yard and a lot of stone work, you know you're looking at midcentury modern- in my area that puts it firmly in the late 50's to mid 60's.