15 September 2015 | 0 replies
Now we're in a breach of contract, with only $3,500 deposit at stake on a $333,500 package.Gave an extension of 2 weeks to hammer out some type of deal agreeable to all parties involved.Cut 2 properties from the package ($160,000), Buyers came back with half-down and Seller agreed to finance the other half for 1 year with guaranteed monthly income.The Buyers will have enough time to finish repairs, get all units occupied, obtain permanent financing, and everyone comes out a winner.Hard to make up 7 months of your life.
27 September 2015 | 10 replies
For the most part, I have that it does make financial sense to keep your initial purchase (especially if you put little money down), and it was a relatively inexpensive home.
9 January 2016 | 12 replies
They include using contingency clauses in the Purchase and Sale Agreements, locking up the property through a lease with an option to buy, cooperation clauses where the other party agrees to cooperate with you, and Reverse 1031 Exchanges where you can buy and close on your Replacement Property first and then you have 180 calendar days to sell your currently property.
23 September 2015 | 33 replies
Many real estate strategies I've heard of go along the lines of using a third parties capital to fund your investment.
25 October 2015 | 71 replies
I could buy 8 of them Memphis properties but when I run the numbers I'm still basically just being handed back my own money in monthly installments over years.
16 September 2015 | 0 replies
5. am i able to install it myself?
17 September 2015 | 9 replies
Thirdly, I went to the tax assessors site, found properties near mine that appeared to be owned by investors, so and so llc or so and so and associates and contacted them and this has generated some feedback.I just contracted the property this past weekend but I had a small list of potential buyers before I had the contract.....hope this helps.
17 September 2015 | 15 replies
There were also three other interested parties there.
17 September 2015 | 12 replies
The security part is throwing me off.