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All Forum Posts by: Sergiu Spinu

Sergiu Spinu has started 10 posts and replied 50 times.

Post: 5 $150K properties or 20 $32K properties?

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

I would go with 20 houses:)

Post: Cash flow properties, need advice on what cities to look

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Pittsburgh is a very great place to invest

I have a few properties.....

Last year i bought a property for 13k + 3K repair 4 br brick house that i rent it for $750 a month.Yes the area is not one of the best but hey look at the numbers........I still do not have any problems with my section 8 tenants:)

Post: Can a seller terminate a real estate contract 1 days prior

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Thank you Karen for advice.

Yes my agent is taking care of this

It's a short sale deal

Yes that's sound stupid to me that after we signed the contract,inspection and so on the seller wanna back up just because he thinks the price is to low.....what were he thinking before accepting my offer

Post: Can a seller terminate a real estate contract 1 days prior

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

I don't see anything about penalties from the seller side in the contract

This is a short sale Wayne

Post: Can a seller terminate a real estate contract 1 days prior

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Hello

I just got a call from my agent that the seller will back up because the purchase price is too low....

We sign all documents 1 month ago.I did all inspection and earnest money was given to the seller...I was prepare for closing tomorrow and here you are surprise....by the way forgot to mention that it's a Foreclosure Property

What do you think guys>?

Thank you

Post: proof of funds please help

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Thanks guys again money arrived today
...:)

Happy halloween

Post: proof of funds please help

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Thanks guys for reply i just talked with my agent...

Yes will try sending a fax tomorrow from EU bank

He also told me i can get a letter from my parents loaning me money for the house.

Thanks again guys

Post: proof of funds please help

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Hello

I made an offer for a property(foreclosure) and the bank accepted it.I did not know that will be so quick because i made 5 offers before for other property witch was not accepted....Anyway the bank wants to see the proof of funds witch i will have in 3-4 days from my family(Europe)

My agent emailed me to meet him tomorrow with proof of funds witch i do not have it right now...

So what to do? i don't wanna lose this deal?

Thank you guys

Post: Just finished building home 40 pics inside.. ask questions

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Great job Tony

Congrats

Post: 7 BR house any expirience

Sergiu SpinuPosted
  • Real Estate Investor
  • Pittsburgh, PA
  • Posts 55
  • Votes 3

Raymond i thought to rent the whole house,yes looks like attic is finished with 2 BR and a half bath....

Thanks guys