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@izmay.lova.lova: #dubai #businessbay
izmay.lova.lova
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Friday 02 September 2022 14:28:13 GMT
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Qasim Jutt :
🥰🥰Gorgeous 🥰
2022-09-02 19:27:29
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💰 Here’s how I made 85k today buying and selling a property without spending a dollar on construction. Typically RE wholesalers, get paid by “assigning” their interest in a contract. They make the difference between what they got the property under contract for and what they assign it for to an investor. 🏡 In this scenario, we weren’t able to do an assignment because the seller’s attorney removed our right to assign in our contract. 1. When our profit is too large, and we feel as though the seller might back out. Or 2. The sellers attorney doesn’t allow assignability We just do a double closing. ✌️ A double closing is when we buy the property and sell it on the same day. 🤝 It’s referred to as an A (seller) to B (wholesaler) / B (wholesaler) to C (End buyer) closing. Although this is a great strategy to use when closing on deals with difficult seller’s/attorneys. It comes with additional closing costs. You have to pay for title insurance (1% of the purchase) and transfer taxes (1% of the sales price). If you don’t have the cash you also may need to borrow money from a private lender which might cost you an additional 1-2%. If you have a deal like this lmk! I provide transactional funding & joint venture all the time. 💵 . . . . . . #realestateinvesting #wholesalingtips #howtowholesale #newjerseyrealestate #njrealestate #realestatenj #newarknj #bergencounty #realestateinvestor #propertyinvestor
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