All Forum Posts by: Rick Patriarca

ok so I'm looking to buy my first property and was wondering if anybody knows about extended stay contracts.. When I lived in Alabama I stayed for a year in a extended stay Hotel..which pretty much meant if I didn't pay my rent on the day they wanted me to.. I would come home and there would be a pad lock on my door.. There was no eviction or ne of that nonsence because it was treated like I was at a hotel.. This also meant I could tell them I was leaving ne time.. Aka no contract.. I WANT THIS FOR MY FUTURE PROPERTY.. I just wanted to know if ne one has ne expierce or knoledge about this.. Also I'm buying in Massachusetts's.

@josuadorkin

ahhh i see.. thanks for the reply.. 

ok the questions in the title of the post lol.. do you have to sell to a cash buyer when selling a purchase agreement...is there a way to sell to a buyer who wants to finance????

@jeff G. you are the man.. thanks you so much..

OHH yea i forgot to ask... Is this how the process normally goes.. did i forget steps or get steps in the wrong order??

ok so im looking to buy my first multifamily rental property in the Worcester area, im organizing my marketing campaign and am just about ready to unleash it.. Assuming i get call backs i will then set up appointments to meet with the home owners.. so after the appointment i will go home crunch the numbers and make an offer.. assuming the owner agrees on the phone what will be the next step..I will not be offering cash and my options are FHA loan, wholesale, owner finance, and subject to... my question is what form do i send them for which ones???? What paperwork do i bring with me if i feel i could make an offer while im there??what paperwork do i need to offer subject to??? What paperwork do i need to wholesale?? what paperwork do i need for FHA??

I want to be fully prepared and have every tool on me to satisfy the buyers needs and get a great deal...