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All Forum Posts by: Sean Kirkham

Sean Kirkham has started 7 posts and replied 22 times.

Post: New Member Intro:Dallas Texas

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi Jeff Montanya , Welcome to BP. I'm an investor in Dallas. Feel free to PM me if you have any questions about getting started. Sean

Post: Investor Friendly Attorney in Dallas, TX

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi John Chapman , I need a standard option contract to lock up a property while completing my due diligence. Should I just contact a firm and have them write one up? Also, what are the pros and cons of getting an option on a property then selling the option if the investment is a better fit for someone else versus getting signing a Purchase Agreement (TREC 1-4) and assigning it? Thanks, Sean

Post: Option vs Assignment

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi All, What are the pros and cons versus using an option to lock up a house, then selling the option, and getting the house under contract and assigning it? Thanks!

Post: Short Sale on New(er) Home

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
I live in Dallas, btw. Not sure if geography makes a difference :)

Post: Short Sale on New(er) Home

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi BP Community, I'm looking for some advice. I've been talking to an individual that is currently going through a rough time and is needing to sell their house, fast. The current balance on the existing, and only, mortgage is $360k. The house is in immaculate condition and the comps in the area go for about $410k. A realtor is putting the house on the market as a short sale next week (he's just waiting on the bank's appraisal). Is it possible to give cash consideration to the current owner and assume the mortgage (they're not getting anything back from a short sale, so seems like a win for them)? Would that even be possible considering the bank is semi-involved already? I was thinking $10k cash, assume the financing, then immediately sell. Are there any other creative ways to make this into a deal? Sorry if the questions are rudimentary, I'm new to this... Feel free to comment or PM me if you have some advice. Thanks in advance! Sean

Post: 1st Residential Development Deal

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi All, I'm new to the developing side of real estate and I'm looking for someone with experience in residential development to help me out (review my analysis and answer some questions about the process). The property is located in Dallas, so preferably looking for someone local. If you're open to lending some of your time to help me out, please PM me. Sorry, I would ask my questions here and provide my analysis, but I feel like it's too much for a single post. Thanks, Sean

Post: Investor Friendly Attorney in Dallas, TX

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi All, Can anyone recommend a good investor friendly attorney in Dallas, TX? Thanks, Sean

Post: The best way or tips to Start Wholesaling?

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Hi John Hixon I'm a new wholesaler in Dallas looking for some guidance as I get started. Would love to connect with you if you're open to it.
Hi Tyler Blackburn Good luck on your new venture! Where did you get your list from? Was the data quality good relative to what you paid (you don't have to disclose cost if you don't want to). Again, best of luck to you. Sean

Post: New to real estate fort worth Tx

Sean KirkhamPosted
  • Dallas, TX
  • Posts 37
  • Votes 1
Good luck, Daniel Cejas Feel free to PM me if you have any questions about the Dallas proper area.