Donna Drake
Serious Misinformation
29 September 2010 | 20 replies
Pigs get fat and hogs get slaughtered...................These types of cash to financing was a trick investors were using a few years back.They would submit an all cash offer to the bank with a quick close to get a low offer accepted.Than they would magically "have to get financing now".
Jason K.
Assigning contracts -- financing issues? Need a solution quick!
16 November 2010 | 24 replies
Then the buyer executes all financing documents and any mortgage/security agreements.The seller goes first, which means the warranty deed is already signed and delivered to the settlement agent.If your purchase contract is not contingent on your sale, you need to be ready to buy...it's not over til the fat lady hands you your check, lol At this point the buyer has made the deposit to you, they signed all docs, and let's say they initialed the original sale agreement and saw the sale price and the go through the roof.
Kevin Lunt
Who inspired you to get into real estate?
17 December 2010 | 96 replies
They aren’t fat cats by any stretch…just bought 3-4 properties along the way and did really well.
John K.
Seller's financing - pro-rated rents?
26 November 2010 | 5 replies
i've pushed closings back so i could close the first day or so of the next month, that way at the closing table i'd get a nice fat check for pro rated rents..way to think outside the box!!
Jimmy C.
Establishment Republicans Move to Prevent Ron Paul from Chair of Monetary Policy
9 December 2010 | 24 replies
Thats the day the media told you we had a "fat finger" trader (typed a b instead of an m?)
Chris C.
Selling Contract for Deed vs Selling Note
19 December 2010 | 8 replies
it should be noted, however, that recording a lien for the property buyer is good business, and may make them feel safe, since you don't own the property outright...it gives them negotiation leverage if you stop making your payment, it gives proof and evidence of their partial ownership if the place burns down and you get a fat check from the insurance company, and it also prevents you from selling from under them...like i said, with my attorney, it also prevents me from refinancing and pulling all the equity out...i'd check with a good banker and attorney to be sureand to answer your question, you should be happy to receive 70-80% of the note balance froma note buyer..i just sold one for 76% to be exact, but my payor had good credit (620ish), 10% down, etc, and 4 months of good payment history...
David Robertson
Potential Flip-seller wants cash only offer!?
18 January 2011 | 23 replies
If a hard-money lender will not do the deal, chances are you shouldn't do it, either, because there's not enough fat in the deal.Similarly, if you feel that using this kind of financing is too risky, then it's actually the deal that's risky.
Josh Kercher
Need help on analysis of 43 unit complex!
9 April 2011 | 20 replies
You'd need to examine each and every expense to see it there is fat to be squeezed out.
Tony Nguyen
Are letters to multi family owners effective?
18 January 2011 | 12 replies
If fat-dumb-& happy with the income - you couldn't get them to ever sell to you.
Derrick Sakai
How do you buy investment rehab properties sight unseen?
13 September 2011 | 17 replies
Kept fat, dumb and happy!