Christina Clemons
Wholesale purchase contract question
Hello guys! I am trying to make my first deal and I was asked to provide a offer letter to my seller which I was able to find. The only issue I’m having now is with the purchase of sale contract. There’s a section tha...
Matt Smith
Hello from Utah
Hello my name is Matt Smith, I am 24 and about to graduate with a degree in accounting. My wife and I have lived in our condo for 1 year and I want to learn more about renting and investing in real estate.
And to beg...
Corey Valin
EMD loan protection paperwork
Hello wonderful community!I have an acquaintance that is in need of EMD money and I want to ensure that my loan to them for this is protected in case they back out or something falls through. Can anyone help me with a...
Christopher Freeman
Estoppel and Lost Leases
Howdy BPers!I recently came to terms on a 3 family property in New Hampshire, and have included the completion of estoppel certificates as a condition of the sale. Today I learned that the Landlord may not have copies...
Mary Danivell
who supervises real estate developer in Virginia
Hi, I am an investor who is seeking to file a complaint against our property developer. We purchased a large condo building currently under construction. The purchase agreement was signed in December 2019 with the exp...
Matt Tobler
Subject-to deal PLEASE HELP
Has anyone done a Subject to existing loan fix and flip?? Scenario: seller wants 146k, 20k of that will be their equity for a down payment on a new house. I'll sell the property as is for 200k. Question is can the s...
Matt Taschner
Changing partners mid deal
Hello fellow BPers, I am in the last stage of getting approval from the sellers bank on a short sale. My current partner and I are not seeing eye to eye on renovations needed on our rehab business so I feel it is ti...
Michael Gibson
Longtime Listener first time poster.... With questions.
My wife and I recently made an offer on 8 units and it was accepted. Since then we have ran into some issues. First of all the owner of the apartments had passed away, his family was selling them. It was after we ...
Dave Homyak
Offer Contingent on Eviction of Tenants? Anyone Experienced This
Client saw a property he likes. Duplex. Both tenants have leases lasting at least a year. Tenant in bottom unit has abandoned cars in driveway, trash outside and trash inside, based on looking through windows. My ...
Mary Jay
Does LLC avoids probate?
Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...