If a buyer were not willing to sign a personal guarantee, I'd be concerned about his confidence in paying me back.

Tenant moved in earlier this month with one year lease signed.- Partner is doing cash out refinance in his own name and I am helping him gather his paperwork for the bank.

Any suggestions and help would be appreciated.Back in the glory days of the nineties real estate agents would hand out keys for VA and HUD properties as they were all keyed alike...today (at least in Raleigh) you can't even get an agent to show you a house unless you sign a buyer rep agreement and are pre-qualified and blood-typed...

You are asking them to sign it representing that only those terms exist.

I'm in the closing process right now but I have my contractor ready to go as soon as the papers are signed.

I found him rude and arrogant and wound up somewhat amused by his act by the end of the day.I was a complete newbie and probably totally naive - this was the first speaker I had ever seen through our REIA - and I wound up signing up for a weekend conference that was supposedly being put on by a guest speaker who came in for an hour during that day (I didn't want anything to do w/Foxx, but I thought this other speaker had potential).

I think you've always got to keep SOME liquidity on hand, and the amount you should keep on hand is usually a factor of the age of the property, it's cash flow, and how expensive (or inexpensive) the thing is to own in the first place.When I start getting excess liquidity, that's usually my sign that it's time to take a chunk of that cash and put it into another income producing property.

It's a bummer if you have a sign in front and now they want to call you and argue with you about why the price is higher and why some guy in a third world country wants them to send him money.I have also seen a scam where a fake landlord will get a throw away phone from Walmart and start advertising vacant houses that he doesn't own.

OK so I have the seller sign a lease option contract with me and then I assign the contact to the tenant buyer and have the tenant buyer and the seller sign a ROFR contact?

I drove past the property yesterday to see a red condemned sign in the front window.