The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent including the buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property.A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties.

The complexity and expense greatly increases the risk of financial hardship.Good Luck,Allen Fletcher

In fact, we have two tenants (two house) in California that came into financial difficulties and both had one of their cars repossessed.

Connect with me here on BP and I will let you know how to get vacant or financial distress leads for your market.

As rent increases with inflation, the rest of your numbers will follow.If buying a condo, thoroughly review the financials and make sure reserve account balances are in line with the most recent reserve study.  

You can try dominion financial and mention my name.  

Ideally, I would like to start flipping houses once my wife is finished with school, for more financial stability in case my first deal is a flop.

Hi all,I recently decided to start my journey towards a more stable financial future and after reading some books and looking in to real state i stumbled upon BiggerPockets podcast.  

Were the late payments far enough in the past that they indicated a temporary problem that is now resolved, or are they recent and indicate a deteriorating financial condition?

There may be some truth to that, but people who are consistently plunking down $100K in cash didn't get that money by being financially illiterate.