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All Forum Posts by: Sabrina C.

Sabrina C. has started 3 posts and replied 37 times.

Post: Newbie

Sabrina C.Posted
  • Posts 52
  • Votes 3

Welcome to the BP Family Anthony Woodard !!

Hi Yu L., You can always refer the second seller to a realtor, and get a finders fee.
Or, see if you can structure a deal in a way where you can have "subject to" contract, where the seller can keep the mortgage in place for couple of years for an agreed price. Go out there and find a buyer that would not normaly qualify for regular bank finance, but does have the means and money down to close in the deal.

Hope that might help you have some more ideas. Also, you can find great ideas on how to structure deals in Sean Terry, J. Massey, The Real Estate Guys radio, No Limits podcast!!! And, ofcourse Big Pockets podcast.

Sincerely,

Sabrina Carapia

Hi Strat V., just make your offer based on your analysis. You never know what can happen!

Hi Kelly P., I'm too stupid to quit ! :)

Post: New PA investor needs wholesaling contracts

Sabrina C.Posted
  • Posts 52
  • Votes 3

Hi Mike Hurney, in Florida for the FAR/BAR, you can use an "As Is" contract and add any addendum that applies to the deal. Your Realtor can provide you with that contract for sale and purchase, and if you have any questions you can also consult with your attorney.
I hope that answers.

Hi Yu L., you are really putting some effort in to the marketing. It just feel to me that you are putting a lot of mailing out there, and getting very little return.
Are you getting a lot of calls? If so, how are you handling those calls?

Gret tip Raquel Baranow, I haven't thought about tracking the ones that I got mail back, but only for the ones that are not incorrect address.

Kelly, thank you for sharing. This is a great perspective for beginers like me.

Originally posted by Kirk Chisholm:
Eric Johnson Sabrina Carapia people on this forum have differences of opinion on this topic.
We have a number of clients who do this in different ways. Some flip while others buy and hold for rental income. Ultimately it depends on what you goal is for the property and if it is leveraged or not. This brings a level of complexity to the table you should fully understand prior to doing it.

Hi Kirk, I completely understand that every transaction carries a level of complexity that would be better assessed by professionals before moving forward with it.
Thank you for your notes!

Originally posted by Ben Leybovich:
Sabrina Carapia The law in Ohio to make any changes either side must give notice 30 days prior to commencement of rental period. Naturally, if there is a time-framed lease involved, no changes can be made outside of both parties consent to an amendment. Month to month, though, 30 days prior to commencement is the law her. Florida is a reciprocating state to Ohio so quite possibly this law is the same there

Thank you Ben!