Alex Jefferson
Progress So Far
5 November 2011 | 6 replies
Can you actually close on the property if your not able to sell it within the allotted time?
Justin Lowe
first deal analysis
4 November 2011 | 16 replies
I have alloted money for pool at 2000 for pool/pump/filter.I am using a hard money lender for financing details as follow:Gross Loan Amount: $93,445.50 (closing costs included)Net Loan Amount: $90,000.00Loan Term: 3 YearsAmortization Type: Interest OnlyInterest Rate: 11.500% Estimated Payment: $862.50Buy down Option: 8.500%Buydown Payment: $637.50 Buy down Costs: Add 1.5% to lender feePrepayment Penalties: N/ALender Fee: 2% of net (us)Underwriting Costs: $950.00, due at submission of signed offerThe details will change a little based on end negotiated deal.I have looked all over the web for ARV, and I am relativley certain that I will be asking 135000, expecting to get 120-125000.I know I am probably leaving something out, so please ask and I will follow up asap.Thank you in advance for helping out a new investor!
Ben Wharton
Releasing Appraisal Contingency
9 December 2011 | 3 replies
General rule of thumb, the buyer will figure out a way to vacate the contract if they so wish within the allotted time frame.
Steven A.
Developer wants my property, but !
9 December 2011 | 7 replies
Getting allot of site errors, cant even contact Joshua about them, Had to re join just to reply to posts.As far as some of the questionsStrip center is 25 years old, I keep everything maintained, I always have people asking if I have space.My parcel is all flat, anything that isn't building or parking lot I had graded and seeded with grass, it is kept weed free, cut, and its like a park like setting. the 24 acre parcel has hills, and wet areas that DNR wont let be touched.I don't need to sell, but also know if the corner develops my site is worth much more, so if I hinder it I shoot myself in the foot.One developer brought up an easement to me for an entrance, his question was would I GRANT him an easement, not sell him one,that was back when a large food chain wanted the corner, he was going to develop it and then lease it to them( pick n save), not sure if I can name them.Anyway I got skidish with developers and brokers, they would call and want to meet at the local StarBucks, try and get me to tell them what it would take for me to sell, tell me they were going back to draft up an offer, I would never hear back, one local broker drafted up an offer to purchase, the offer was transferable, it was full of errors the city wasn't right, the county wasn't right, it was just a mess, so much that I began to think the commercial real estate world was full of shysters.I had a broker list my site for lease a few years back, asked me if I wanted to sell because of the corner being up for sale, I said maybe it all depends, so to make a long story as short as possible, he would tell potential Tennant' that I was thinking of selling, so not to depend on long term leases, then tells me lets just list it for sale, its not leasing out !
Will Velazquez
Brokering Lease Option & Seller Finance Deals
4 August 2016 | 12 replies
-----Agreed, buyers can lose down payment option funds if they can't get financed within the allotted time...and if tenant-buyers wish to place blame outside of themselves and pursue legal action against the other parties involved in the transaction...it wouldn't be the first time.
Charles Savidge
selling rehabed homes fast
3 February 2009 | 18 replies
do you guys use allot of adds, intensives for buying realtors, that sort of thing?
Josh Gesler
Financing for developing a RE Investment Company
21 January 2009 | 6 replies
Anyway, we both allot our extra paycheck money to our business operations and marketing so that we can do a few deals to make the cash needed to buy and hold for wealth and cashflow.
Zainab Ariyibi
I am interested in buying short sale Properties...
22 January 2009 | 14 replies
You also upset allot of neighbors.
Harrison Painter
12 Solid Rules for Real Estate Investing
3 May 2009 | 62 replies
Allot of them are like this thread start attac people personally and or bragging.