Brandon G.
Buying Flip Property With Lease-Option?
22 September 2015 | 28 replies
That construction agreement may not be valid without a license.Forget any construction financing, you can't give the property as collateral.If suppliers extend credit for materials, they will generally want the address and owner to sign or a licensed contractor with a valid construction agreement allowing liens to be created.You can file your option and cloud title, but that cloud doesn't prevent an owner from selling the property subject to that option, the new owner will be obligated to sell it under the option, but if you fail to exercise it as agreed, they will own the place.
Huy N.
1st seller financing deal - mistake was made - lesson was learned - still came out above water
28 December 2014 | 4 replies
Can you leave it with the seller in some way for an extended period or can you transfer it to a buyer?
Tiffany C.
Flipping General Contractor Estimate
2 January 2015 | 7 replies
The back splash will go up all the way to the cabinet and also extend into the window area, paint bottom cabinets white, install new hinges, knobs and handle, remove old excess wiring, remove the ceiling fan and install track lighting, install can lighting over the kitchen sink. add new kitchen sink and pull out faucet.6
Thant H.
First seller financing offer, help please
28 December 2014 | 18 replies
Basically, if I'm signing a document that covers the extended terms of the sale, that paper is worthless to everyone but you and me.
Cynthia Eugene
Insurance
2 October 2015 | 12 replies
One item though, Builder's Risk policies do not have liability coverage attached, so either have a hard conversation with your contractor to discuss this and see if his policy will extend over, or you need to purchase another policy for liability.
Cal C.
Penny wise and Pound Foolish- Vacation Rentals Outer Banks
31 December 2014 | 6 replies
A colleague of mine rented a beach house with his extended family this past summer - 23 consecutive years in the same house.
Chelsea Newton
Newbie talking with Experienced Investor
23 January 2015 | 8 replies
He neglected to notice that while his equity increased due to the market conditions, not due to his genius, he over extended himself.
Marques Rounds
Notes
22 January 2015 | 5 replies
Great Income property or wonderful for extended family!!
Zac Preston
Owners have passed away
22 January 2015 | 1 reply
I typically get a contract executed (with an extended closing date) with the known heirs and get it to the title company so they can run their title search and determine what is needed to make the property insurable for a title policy.
Tyler Haskell
Is my purchase agreement contingency okay?
22 January 2015 | 4 replies
When you deal with a lawyer or minister, extend your right hand to shake hands, cover your wallet with your left.