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Author Topic: 1st one under contract... Whats next!!  (Read 2755 times)

Offline dwilliams475

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1st one under contract... Whats next!!
« on: September 16, 2010, 04:48:16 pm »
I have my first property under contract and I'm having a hard time locating a reasonable title company and attorney. The contract states that the seller will pay for title insurance and majority of closing cost even the attornry fee. I'm paralyzed  :help

Offline GoodShowDave

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Re: 1st one under contract... Whats next!!
« Reply #1 on: September 16, 2010, 08:34:00 pm »
Call ALL the We Buy Houses signs in your area and in the paper and on the web and someone will help you.  That's how I started.   Good Luck.        Dave

Offline xpandergt

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    • The Clarion Group LLC.
Re: 1st one under contract... Whats next!!
« Reply #2 on: September 17, 2010, 04:26:50 pm »
I have my first property under contract and I'm having a hard time locating a reasonable title company and attorney. The contract states that the seller will pay for title insurance and majority of closing cost even the attornry fee. I'm paralyzed  :help

Attend your local Real Estate Investment Association Meeting, you will find investor friendly title companies there. It's all about networking.
Bulls make money. Bears make money. Pigs get slaughtered!

Offline Delondon

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    • Wholesaling Real Estate 101
Re: 1st one under contract... Whats next!!
« Reply #3 on: September 21, 2010, 11:28:49 am »
You are not the only investor in your city so therefore others are wholesaling as well. Find out who they use and schedule an appointment with that attorney.  :bobble

Offline bivsflips

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Re: 1st one under contract... Whats next!!
« Reply #4 on: September 23, 2010, 08:30:40 am »
Not sure why you are paralyzed if seller is paying fees, just call an attorney to close. Join a local REI club,  network and have your team in place for the future.
"It is never too late to be what you might have been"
~~George Eliot

Offline nsu1997

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    • I buy houses in the DC metro area!
Re: 1st one under contract... Whats next!!
« Reply #5 on: September 24, 2010, 07:15:37 pm »
Find a buyer and sell it! Blast it all over the internet (Craigslist, Vflyer, Sellpoint, etc) and as Dave mentioned call the we buy houses signs. You could also collaborate with other successful wholesalers to get them to send it to their cash buyers lists and split the profit with them.

REIMillions

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Re: 1st one under contract... Whats next!!
« Reply #6 on: September 27, 2010, 12:05:03 pm »
I would highly recommend talking to other wholesalers in the area. They are usually very frugal and love to save a penny or two.

 




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