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Updated almost 5 years ago on . Most recent reply

User Stats

6
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3
Votes
Kent Maclean
3
Votes |
6
Posts

Purchase contract agreement

Kent Maclean
Posted

So I’m definitely new to the game. I have a live in flip I’m almost done with but I’ve listened to hundreds of pod casts, tried to find any possible answers on you tube, and read the books but I haven’t found detailed specifics on getting a property “under contract”.

My situation is an amazing fix and flip potential. I tried using a purchase agreement that I found online. I tweeked it a bit to work but the real estate agent on the buyers end didn’t want to touch it with a ten foot pole.

So my question is what do you do when there’s agents involved. Do you go under there contract with contingencies in place? I would think trying to get a private or hard money lender would not allot enough time to get everything done needed to approve the loan.

I unfortunately went the this route. The real buyer’s agent is screaming for proof of funds on this cash buy and I may have to put the plug. Can anyone please help me.

  • Kent Maclean
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