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Updated almost 12 years ago on . Most recent reply

User Stats

341
Posts
22
Votes
Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
22
Votes |
341
Posts

last minute questions

Shequann Burrwell
  • Wholesaler/rehabber
  • Arcadia, FL
Posted

I might have my first house under contract tomorrow and I had a few more questions before i go threw with it.
1. the home is in another part of my state pretty far away. is it wise to make a deal so far away
2. the owners are in Tennessee and want to sell fast they are older and stated they just want to get enough to pay off the mortgage and move on. can i email them the contract in pdf form and they email it back or does it need to be by mail.
3. if the house has a mortgage on it do I need to double close and if so is the process the same as if i was to just close once.
4. house is already fully rented with low taxes $3100 and insurance only being $1700 a year with $11680 actually numbers the owner gave me over the phone. is there anything I should think about that im not. dont want to mess this up if i can land it i think it would be a easy sell for a investor

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