Jordan Belford
Got price reduction from Seller. Do I need to redo the contract?
Got my first deal! When we finally were able to walk through there was much more damage than the seller had described. They agreed to a 10k price drop. Do I need to have them sign a rewritten contract (with the same c...
Paul M.
verbal offers
Do you ever make verbal offers or are they always written?
On the one hand it seems sellers would take written offers more seriously and be less dismissive of lower offers.
On the other hand, making offers takes...
Christine C.
Negotioating when a buyer requests a closing "extension"?
I have a property with a signed purchase agreement that indicated financing was to be secured within 30 days. The buyer is past the due date and just notified us that he was not approved for VA financing and is now pu...
Account Closed
Newbie.. Contract confusion
Hey everyone- My name is Connor and i am 19 years old, just starting to really learn about wholesaling and how it works. I have read up on a lot of it, and watched some Youtube videos, but i am still not sure of exact...
Jin Zhang
Would I lose my earnest money if I do not have enough downpayment
Hi everyone, I am under contract with a property. Due to personal reasons, I can not put down 20% anymore. I can only put down 15%. However, my income to debt ratio would be too high for the loan to be qualified in th...
Aidan Hadley
Investors in Connecticut
Looking to network / connect with anyone on here from Connecticut. Just signed purchase agreement on multi family duplex in Manchester and looking to expand growth YoY. Currently have full time job allowing flexibilit...
Dieudonne T.
practice lease option analysis #1
Price =$138,0001% rule =desired rent0.01$1380Des Moines, IA 50311 monhrent=$2,400.00 lease option 6 plexif fully rented 3600 currently only 4 units rented Money Needed =$5,000 option feeMONTHLY ESPENSES PAYMENT to ...
Alex Kouvatsos
House Hack 4plex with FHA - How to qualify with low income?
Hi everyone, I'm new to BP and looking to house hack a 4plex in NY. Asking price is $299,000. There are currently existing leases and gross income is $43,200. I'm looking to owner occupy one of the units and purchase ...
Danielle Fattizzi
"Hard" Down Units - What Does It Mean?
Hello my very helpful friends!I will try to keep this simple and short. Analyzed and sent an LOI on a 32 unit Class C property in Jacksonville, FL. Was in the middle of negotiations on the price (have not moved to pur...
Brad Jordan
Financing off market deals
Hello-
I am just starting out. I am interested have been in the market for a buy and hold for about 4 months. I have submitted several offers off the MLS I haven't had an offer accepted and would I am getting into m...