Practical guides on finding deals, finding buyers, and closing your first wholesale assignment.
Tenancy in common lets two or more people own undivided, possibly unequal shares of the same property with no right of survivorship. Here is how it works, why it creates motivated sellers, and how to buy from multiple co-owners.
The Tennessee foreclosure process is almost always a nonjudicial trustee sale, and once the first notice runs the sale can happen in as little as 20 days. Here is how the notices, redemption rules and 2025 wholesaling law shape your pre-foreclosure deals.
A reverse mortgage foreclosure happens when a reverse mortgage becomes due and payable, usually because the last borrower died or moved out or the property taxes and insurance went unpaid, and nobody pays off, sells, or deeds back the home within HUD’s deadlines.
Mortgage note investing means buying the right to collect a homeowner’s loan payments, the promissory note and the mortgage or deed of trust that secures it, usually at a discount to the unpaid balance.
A power of attorney in real estate lets one person, the agent, sign deeds, contracts, and closing documents for the property owner, the principal, so a sale can close even when the owner cannot sign.
Cost segregation is a tax study that splits the purchase price of a rental property into parts the IRS lets you depreciate faster, such as appliances, carpet, and site work, instead of writing off the whole building over 27.5 or 39 years.
The Washington foreclosure process is mostly nonjudicial: a trustee sells the home at a public auction under the Deed of Trust Act, chapter 61.24 RCW, without a lawsuit.
The Virginia foreclosure process is almost always nonjudicial: a trustee sells the home at public auction after mailing the owner a notice of sale and running newspaper ads. For owner-occupied homes, that notice must go out at least 60 days before the sale.
Assessed value vs market value comes down to purpose: assessed value is the number a county uses to calculate property tax, while market value is what a willing buyer would actually pay today. For investors and wholesalers, the gap can run into six figures.
A title commitment is a title insurer’s written offer to issue a title policy on a specific property, as long as the listed requirements are met and subject to the listed exceptions. For a wholesaler, it tells you weeks before closing whether your seller can deliver clean title.