All Forum Posts by: Jake Kilfian

I apologize for skimping on the details. Yes, cash is in my account and ready to party. I plan on using this as a rental property. There are currently renters living there now. Some deal info: asking price 50k, verbal cash agreement 25k, current rental income $500/mo, taxes 500/yr.

Hey whats up everyone? Just got verbal acceptance of my offer from a seller. He accepted my very low offer because I am paying cash. Now what? I have bought a house before but it was with a Realitor and financing. Now that I have a potential dea, I'm freaking out a little bit because I'm not sure what the next steps are. I schedueled an appointment with a real estate attorney tomorrow in hopes of writing out a purchase contract with him and get a better understanding of what I am doing. Any links or advice on what to do would be greatly appreciated.