Sara Aviv Berger
Split and keep the investment property as STR
23 September 2024 | 10 replies
That is why it is important to have contingency plans a solid agreement in place before entering the purchase of the property.Your options are to buy him out yourself or raise cash to buy him out.
David Gruszka
Use and Occupancy issue
20 September 2024 | 0 replies
We are buying the house with cash, no contingencies under a LLC name.
Elizabeth Rose
Philadelphia rowhome stucco water intrusion - possible negligence by city
20 September 2024 | 14 replies
Additional contingencies should be added to the budget and discounted valuations should be applied in such scenarios.
Chris Allen
When to sell properties
21 September 2024 | 14 replies
Anything can happen: the market can shift, we can go into another extended lockout period, the property can be destroyed by a natural disaster or by vandalism, the list of contingencies is endless.
Jennifer Fernéz
Want to put an offer in today - Help
19 September 2024 | 5 replies
Since the vacancy is required for the loan, this would fall under the loan contingency.
Evelyn Randolph
How to cover roof repair before purchase
20 September 2024 | 7 replies
This way, you would be paying for the roof as part of the property purchase, allowing you to claim the tax depreciation once you take ownership.Delayed Closing with Roof ContingencyAnother approach is to add a contingency to the closing that allows you to replace the roof before closing but delays the actual closing until after the roof is installed and insurance is in place.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Then what happens in that case, what other contingency and deals between the two parties can be analyzed further ?
Anthony Vaudo
How to buy CRE with contingency on filling vacancy
13 September 2024 | 1 reply
I don't believe that you can get a specific contingency on vacant space for CRE, but typical due diligence is 60-90 days with 1 or multiple 30 day extensions.
Matthew Irish-Jones
Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
I’ve gotten in the habit of offering cash with few or no contingencies then refinancing after closing/ seasoning period.
Collin Hays
Your biggest financial risk in owning a STR
21 September 2024 | 19 replies
I attribute this to the legal system and more specifically contingent fee representation most plaintiff's rely upon.