Hi Everyone,A friend of mine is negotiating on a RE contract for the sale of their home.   The buyers want "An ALTA Owner's policy of title insurance without standard exceptions" checked on the contract instead of "An...

And in the case of Massachusetts, the value of the inspection machine is added to all that.Expect (and contract for) inventory to be transferred at actual cost, supported by invoices.I hope that helps!

the point is you buy low end assets with no one there to help you that have a vested interest PAST being your PM.. and your taking a riskAlso Engelo only deals with cash buyers..

Getting experience on your first deal with your own capital or a partner you work for or with family will help show others you know what you're doing in real estate. 

Thanks in advance for your help in creating my dreams,-Tyler

Happy to help! 

Make sure to study the buyer your trying to target...but you already know that.Hope that helps 

All that to say, PMLs are usually more concerned with the value of the property and will lend at a lower LTV regardless of ATR (ability to repay) because they know they can take the house for 65 or 70% of the value if you default in a worst case scenario.Hope this helps!

All great books if you haven't read them, and while they were published a few years ago, still awesome to read and understand and will also help you with working with investors. 

I’m new to all of this but motivated to take action and make calls to whom ever so any help would be much appreciated.