Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Purchase contract agreement
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.