Realty Biz

SEPTEMBER 4, 2023

Partner with Deep Pockets If you don’t have much money, but want to get started in real estate investing, partner with an experienced investor and offer to do all the gopher work. Wholesale Properties Another way to get started with little money is to wholesale real estate deals. What it doesn’t take is much money.

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Earnest money deposit Hard money loan Seller concession Investor 85

HomeLight

JULY 31, 2021

— turn four walls and a roof into money in the bank, without the need for inconvenient showings, nail-biting appraisals , or a 50-day closing. The main method is to request a cash offer from an investor or cash-buying company that will likely purchase your home “as is.” says Andy Kolodgie , a real estate investor in Washington, D.C.

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Earnest money deposit Inspection Inspection contingency Title 98

HomeLight

OCTOBER 30, 2020

Real estate contract contingencies are commonly associated with getting a mortgage, as lenders tend to do their due diligence on a property before they’ll put up the money for it. If you’re an investor purchasing a rental unit, tenant issues could potentially hold up closing. Source: (dc_slim / ShutterStock).

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Closing Inspection contingency Title search Purchase and sale agreement 116

Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. ” She adds that to begin building your relationships with investors is to find your local REIA. Let’s get started!

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Due diligence Earnest money deposit Investor Inspection 59

HomeLight

OCTOBER 5, 2020

In a robust real estate market — one with lots of interested buyers, lots of investors , and lots of potential for profit — the number of bidders competing for the auctioned home can drive up the price. Constantine recommends you do your due diligence. As you would expect, competition is neighborhood-specific.

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Due diligence Earnest money deposit Banks Inspection 72

HomeLight

OCTOBER 17, 2022

In most cases, unless you’re working with investors, it’s very wise to have one completed for the seller’s protection and for the benefit of a smoother transaction,” said Deborah Morton , a top-selling real estate agent in Acworth, Georgia, who sells properties 42% faster than the average agent in her area.

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Purchase and sale agreement Due diligence Earnest money deposit Inspection 105

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. If you want to work with real estate investor clients, read our own Sean Moudry’s simple, yet thorough run down: “ How to Explain 1031 Exchange Rules to Your Clients.” Due diligence period.

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Purchase and sale agreement Title Pre-approval Proof of funds 98