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All Forum Posts by: Chris Rose

Chris Rose has started 4 posts and replied 26 times.

Post: Weird Listing Agent Contingency

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4
Originally posted by @Martin Z.:

Is there a hostile tenant in there? that may be why "no inspection"   

 Home is vacant.

Post: Weird Listing Agent Contingency

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4

I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financing and no home inspection. She said that there was an offer currently on the table and wanted to know if I was still interested. Can anyone explain if these type of contingencies are part of normal negotiations or is this some kind sales trick? I can kind of understand the financing but why no inspection. That seems like a deal breaker to me.

Thanks for your responses,

Chris

Post: New to BP and REI in Western Kentucky

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4

Well consider that test a practice run. I'm sure that test is quite difficult. I look forward to discussing opportunities with you and any other contacts that you have made and would like to meet.

Post: New to BP and REI in Western Kentucky

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4
Originally posted by @Brittani Holeman:

@Chris Rose I live in Paducah myself. I have never heard of Burna. What county?

 Hi @Brittani Holeman, Burna is in Livingston county. How's the real estate market in Paducah? Do you know of any other investors in our area that would be interested in a meet-up sometime? I would really like to meet like-minded people working towards the same goals.

Post: New to BP and REI in Western Kentucky

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4
Originally posted by @Bryan Drury:

@Chris Rose,Welcome to BP.There are plenty of opportunities to learn here.You might check out the podcasts.A lot of sharp people interviewed and sharing their stories of REI,I learn and enjoy them.Where is Burna Ky?

 Hey there Bryan Drury! Thanks for the information. It's funny that you mention the podcasts because that's exactly how I found BiggerPockets to start with. I have been an avid listener to the podcasts on my commute to and from work for the last couple of weeks. The podcasts are good stuff! Burna is a small spot in the road about 20 miles east of Paducah. Not exactly a "hot" real estate market, but a good place to find small houses for rentals if they can be purchased at a price where the money works out.

Post: New to BP and REI in Western Kentucky

Chris RosePosted
  • Investor
  • Burna, KY
  • Posts 26
  • Votes 4

Hello to all the BP members! Obviously I'm new to the BiggerPockets site but I look forward to interacting with you and using BP to help me grow my rental investments. Hopefully I learn from those of you who have already "made it" as investors.

Thanks and have a great day!

Chris R.