Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

52
Posts
44
Votes
Cortney Arenstein
  • Rental Property Investor
  • Katy, TX
44
Votes |
52
Posts

Offer on multiple houses with separate closing dates

Cortney Arenstein
  • Rental Property Investor
  • Katy, TX
Posted

Asking for an agent friend: 

Repping the buyer, buyer wants to offer on 5 houses, all of which currently have tenants. 

Tenants' leases each end on different dates. 

Buyer wants to wait to close until AFTER each tenant's lease is over and they have vacated. (Got burned in the past) 

No lender involved--all cash offer. 

SO...agent wants to know if she can write ONE offer for all these houses with separate closing dates. I said "NAH." Separate closing dates means separate contracts, because title will be involved multiple times, etc. BUT, I can't find any actual RULE that says this--and i assume an attorney could draft an offer contract like this. (since the agent can't alter the promulgated contract forms) 

ANyone have a similar experience? Thoughts? 

Loading replies...