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Jarad

Wholesaling Houses – How Much To Offer

by Jarad 3 Comments

The Formula For Wholesaling houses

Wholesaling HousesWhen you’re wholesaling houses it’s important to never pay more for property then you should. If you pay more for a property than what you should, you run the risk of not being able to sell the home quickly. You also stand to make less of a profit. So knowing exactly how much to offer is a big deal and something you shouldn’t take lightly..

So what is the magic formula that will allow you to NOT pay more for a property than what you should? [Read more…] about Wholesaling Houses – How Much To Offer

Filed Under: Wholesaling Tagged With: wholesaling, wholesaling houses, wholesaling properties

Forming An LLC

by Jarad 1 Comment

The “Forming An LLC or Incorporate in the Best State” Scam

Forming An LLCAs a real estate investor, it’s important when forming an LLC, that’s it done the right way. Having been around for awhile, it’s interesting to me how many things I hear differently about this topic. So, I decided to have my friend and attorney, Lee Phillips, who specializes in setting up LLC’s, set the record straight on this important topic… Forming an LLC in Nevada.

So what are the advantages or disadvantages of incorporating in Nevada?

For years folks have told me they are incorporating in Nevada or putting their LLC in Wyoming, because they have the best laws and much better asset protection. In three words – IT’S A SCAM!!! [Read more…] about Forming An LLC

Filed Under: Entity Structuring Tagged With: corporation, forming an llc, llc, setting up llc

Transactional Funding

by Jarad 2 Comments

Challenges With Real Estate Investing

Transactional FundingA few months ago, I surveyed my list asking them about the challenges they were having with investing in real estate. One of the biggest challenges they were facing was that they didn’t know where to get the money to fund their deals once they found a great deal.

So I want to talk briefly about transactional funding and some other ways to get funding for your deals. [Read more…] about Transactional Funding

Filed Under: Hard Money Lenders, Transactional Funding Tagged With: funding for real estate, hard money lenders, private money lenders, transactional funding

Short Sale Checklist

by Jarad 4 Comments

Short Sale Checklist For Investors

Short Sale ChecklistHere is a Short Sale Checklist for those who need the step by step blueprint of what to do next. This is assuming you’ve found a property that is a candidate for a short sale.

    1) Meet with Homeowner and Determine Value of Property – make sure they understand what you are doing and willing to cooperate with you during the whole process. It can take months before a short sale is approved and the homeowners need to cooperate the whole way through. [Read more…] about Short Sale Checklist

Filed Under: Short Sales Tagged With: how to do a short sale, short sale blueprint, short sale checklist, short sales

How To Do A Short Sale

by Jarad 2 Comments

Steps on How To Do A Short Sale

how to do a short saleIf you want to know how to do a short sale successfully, there are a few key pieces to really building a strong short sale case.

After you have found a homeowner who is delinquent with a notice of default willing to work with you, the first thing you need to do is have them sign some paperwork. The first thing they will need to sign is the authorization of release form. [Read more…] about How To Do A Short Sale

Filed Under: Short Sales Tagged With: authorization to release form, BPO, how to do a short sale, short sale, short sale packet

Short Sale Questions

by Jarad 6 Comments

Common Short Sale Questions

short sale questionsThere are several short sale questions that I get asked by both homeowners and investors. Here are some of the most common short sale questions. The answers to these questions are based on what typically happens. Please understand that every case is different so there are always exceptions to the rules.

Question: Can a homeowner do a short sale if they’re not delinquent?

Answer: No. For a short sale to be successful, the homeowner needs to prove financial hardship and show they cannot make payments anymore. So without being delinquent, there is no way for the bank to know the homeowner has a hardship. As long as the homeowner is making payments, the banks are content where they are at. [Read more…] about Short Sale Questions

Filed Under: Short Sales Tagged With: foreclosure effects, short sale effects, short sale questions, short sales

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