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20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC
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20 July 2024 | 1 reply
Purchase price: $80,000 Cash invested: $72,900 We have less than 2 weeks left in our fix and hold project in Pittsburgh, PA.
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20 July 2024 | 13 replies
Thanks for this info I had no idea
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21 July 2024 | 35 replies
As I mentioned this idea of land flipping has got my attention, I just need to get a grasp of the basics.
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19 July 2024 | 2 replies
Looking for other ideas, and structures that would help achieve a successful partnership.Thanks Doug
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19 July 2024 | 12 replies
@Will GastonGreat thread idea.
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18 July 2024 | 10 replies
Do you setup a small holding pen for the horses, water troughs etc?
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19 July 2024 | 8 replies
Plus is your buyer is using FHA you need to hold on to the property for 90 days to sell it.
19 July 2024 | 4 replies
You may be able to get away with 10% down if you have multiple fix and flips/holds completed in the last 36 months and the LTARV allows for it.
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20 July 2024 | 28 replies
And why we still wait on hold for human customer service reps, instead of being helped immediately by AI.