All Forum Posts by: Nathaniel Sconiers

@Account Closed thanks!!! Can you tell me about the process once you win? Anything I should look for regarding working with Auction.com

Good Evening,

Are any of you familiar with cash purchasing guidelines for any of the popular auction sites? Specifically, on whether or not Hard Money is considered cash. I spoke with a representative at Auction.com who said it was. Looking for an investor who was successful with using hard money/private funding to purchase a property.

Thanks

@Tyler Amburgy How long did it take to close the deal. is the 45 days necessary if your using hard money? I just won a bid but I'm apprehensive about cutting the check because of the closing date.

This property I'm interested in has a Highest and Best offer due Monday. Should I use the Purchase Price Escalation clause to secure the property? BTW property is located in Maryland.

Questions BPs.

Im looking to get started in REI this summer once I sell my primary residence in MD (Looking to invest IN MD). I have a relative who lives in CA with some cash to looking to help with my investments. What is a good ROI on her money if she supplies me with $10k+ towards the reno budget (mainly gap funding). I will be able to get financing for the acquisition.

Thanks

Thank You @Chris Martin @Al Wilson

@Chris Martin

My dilemma is I purchased the vehicle prior to setting up the LLC

Can a LLC account be used to pay for a vehicle partially (at least 50% time) used for business use?

Have a contractor just construct the post and DIY the rest.

@Chris Seveney I would also like a copy of that contract. I have ran into a few contractors who are horrible communication.

Thanks In Advance.