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Updated about 5 years ago on . Most recent reply

NC Purchase Agreement
Tomorrow I'm meeting with a family member with the intent to purchase a property from them. I plan to make a few updates and turn it into a rental property. They have agreed to sell it at a discount and the ARV will be between 150k-200k above purchase price. They have asked me to bring any forms that they would need to sign to make the purchase official. Does anyone have a purchase agreement that they would not mind sharing?
This will be my first investment property purchased outside of the mortgage process. I will be taking the purchase agreement in hopes to acquire a hard money loan. Any help would be greatly appreciated. Thanks
Most Popular Reply

Hey Kris, Do you know what closing attorney you will use for the purchase? If so, I'd give them a call and see if they'll help with the needed paperwork.