Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
I know MLS listings aren't guaranteed accurate, but getting the acreage, city and zip code wrong is hard to swallow as an honest mistake.We have a financing contingency, so if it doesn't appraise for the contract amount due to the lower acreage and different city/zip, we can renegotiate purchase price.
Hayat- Hyatt Barron
New Jersey Investor Seeking to Build Passive Income—Let’s Connect!
4 January 2025 | 12 replies
Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 6 replies
Assign it to a collection agency on a contingency basis.
Jake Baker
My BRRRR Horror Story! What could I have done differently?
26 December 2024 | 18 replies
Expect delays and unexpected expenses: No matter how straightforward the project seems, having a contingency fund for emergencies is essential.Your Team matters.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
If you're confident in the flip and have a contingency buffer, a HELOC can work.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
To put a relatively extreme scenario out there, if you offer 3% more than the next guy in cash (no bank debt) and provided a copy of a brokerage account statement showing the cash was available, I am certain you would get the deal.To echo Joshua's comments: how you are planning on financing the deal is hugely contingent on being awarded deals.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Networking with other investors can provide valuable insights and support, helping you to navigate the often complex landscape of real estate investment.Remember to factor in potential risks and have a contingency plan in place.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
The advantage of Reg D over relying on the general exemption is (1) if you comply the SEC can’t come back and say you should have registered and (2) if your sued by a disgruntled investor you have a definitive defense, which means an attorney is unlikely to take an investors case on a contingency basis - unless fraud was committed.
Alan Mills
Seeking Strategies to scale up
30 December 2024 | 4 replies
There should always be timeline contingencies factored into each projects specifics.