Cesar Espino
Assignment of contract
Hello BP, I have a two quick questions.
I have a house under contract in Los Angeles California. I also already have a cash buyer and have presented the cash buyer with an assignment of contract.
My question, do I...
Sean Laird
Do I have to make repairs on a home I sell As-Is
I live in Mississsippi. I am selling a rental to my PM. On July 5th, we both signed the purchase agreement for the PM to buy the rental As-Is. On July 6th, I was asked to make repairs on the house. Am I legally re...
Nestor Coronado
Legal Entity/Business Structuring
Is it advisable to legally structure your company before pursuing any REI ventures? Or should someone get a couple of deals under their belt before incorporating?On a side note, I do plan to talk to an attorney and CP...
Adam S.
Auction.com: Confusion over Contract Execution
I'm getting conflicting information from Auction.com about the status of a contract I submitted after winning an REO auction. About two weeks ago, I saw a desirable property marketed through auction.com, and after my...
Andres Gonzalez
Wholesaling Mobile Homes
I am starting a new journey in the mobile home niche I eventually want to write my own notes (shout out to lonnie) but would like to gather cash and I feel the best step to this is to do wholesaling. Can someone expla...
Michell Chase
Inherited tenant on purchased property - seller didn't collect security deposit
So a bit of a weird situation. I am about to close on a multi family property that currently just has 1 tenant in place. I just received the information on the tenant from the listing agent/property manager. In the...
Dan G.
Need advice on selling a property before I get the title work back
Hello and thanks in advance!
So this is the way I usually do a transaction. I purchase a property at the sheriff sale on day 1. Day 14 the sheriff calls me to come pick up my Sheriffs Deed. I then go the same...
Anthony Lee
Interesting scenario - what to do.
A family friend of sorts is selling their property.
It's a large commercial show room with a workshop in the back with two bays and a 3 bedroom house on the property. It is adjacent to a corner lot.
The owner of t...
Matt Myers
Assignment Agreement or 2 Paurchase Agreements?
Hi all, first post. I've read about an investor who uses a purchase agreement between him and the seller with low earnest money. He then uses a purchase agreement between him and the buyer with higher earnest money a...
Kong Vang
Help writing up puchase agreement
Im in need of someone to help me walk through writing up purchase agreement.. buying parents home. Bought a purchase agreement from office max and reading through it kind of confusing..any help will be appreciated