All Forum Posts by: Kaylor Karlin

@Stone Saathoff hi, would you please share your handyman contact? Thanks!

@Rick Pozos@Rick Pozos

@Rick Pozos wow Thanks! What you said makes sense I just didn't think of it that way. 

@Cameron Tope and @Aaron Bihl I'll DM you both-- thanks a lot.

Hi everyone!

I need either an assignable contract template or the reference to a RE attorney here in San Antonio.

Please let me know what you got!!

Thanks!

Hi Bob,
Thanks so much for your response! 
I like the note to not get caught up in the formalities. Which contract do you use when making offers (your own, TREC, etc)? 

And thanks for the Title recommendations— I’ve been looking for good Title. 

And as for BRRRR vs Flip. I 100% get what you mean! I'm all about the buy and hold so I always leave the option open— I simply thought this one might make a great flip.

Thanks again! 

Hi all! Happy (Frigid) Valentine’s Day! 
so — I'd appreciate any insight / guidance you have. I'm in talks with an owner who's looking to FSBO their home. I can acquire without traditional financing. I'm planning to to flip this deal. And neither the owner nor I are planning to use a realtor.

My gut tells me, a “typical deal” like this might go:

1. Letter of intent (found this on BP resources: https://www.biggerpockets.com/files/search?term=Letter+of+intent+)

2. Negotiate terms

3. Sign Contract (was going to use the TREC contract) and Open Escrow at Title. Owner does not have Title preference.

4. Due diligence, inspection, inspection item resolution

5. Closing

Who’s got experience or insight on how to handle direct buyer - seller deals? 

The pros, as I see them: reduced fees, more expedient closing, reduced price. Cons: none of the safety nets with a conventional loan / buying process (which I’m ok with). 

Lastly, I love realtors! My wife is a realtor in NM and so I know intimately the value they bring... I’m merely aiming for a mutually beneficial price that can be attained, with a motivated seller, when not paying ~$20k in fees.   

Thanks!