Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
TREC 20-12 and Flexible Financing
I am interested in buying a relatively low cost building and I am not worried about financing, but I am still shopping for mortgages and would like to leave my options open. How can I do that using the 20-12 and still remain credible to the seller? My first step is to include a clause that I will not assign, but I am not sure what to put in Paragraphs 3 and 4 or on a 3rd party financing addendum.
I was thinking of changing $ figures to percentage ranges, but again credibility is necessary. Should I just present the most likely option and include a clause in Paragraph 11 allowing me to modify financing arrangements?