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When the market's a mess, how do you avoid getting burned? From fake sellers to a new law that could seriously impact your wholesale deals, this episode breaks down the risks and changes in real estate right now.
Wondering if multifamily deals are still worth your time or when refinancing might be a smarter play than selling? We're talking about appraisals, lenders, and market shifts that are making even solid deals fall apart.
Topics discussed:
Introduction (00:00)
A story of seller identity fraud (01:44)
New BOI rules for buyers (14:11)
Washington’s new wholesale law (18:34)
How fraud is impacting lending (21:39)
The truth about appraisal numbers (28:21)
Why multifamilies aren’t selling (29:26)
Selling vs. refinancing (30:38)
Deals that are (and aren’t) selling right now (33:50)
Would you take this deal? (34:43)
Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/
Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!
https://instantinvestor.collectingkeys.com/invest-anywhere
Follow us on Instagram!
https://www.instagram.com/collectingkeyspodcast/
https://www.instagram.com/mike_invests/
https://www.instagram.com/investormandan/
https://www.instagram.com/dylan_does_deals
This episode was produced by Podcast Boutique https://www.podcastboutique.com
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