The strong local market and collaboration with Carlton, who provided valuable insights, also made it an attractive opportunity.

The strong local market and collaboration with Carlton, who provided valuable insights, also made it an attractive opportunity.

The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.

Partnering with Rodney Lomax, who provided valuable local insights, ensured a smooth process, making this deal a strategic choice for Partner Driven.

At 6% interest rates looking at 20%.If I can get those kind of returns on all the properties I buy and keep reinvesting all proceeds it’ll take 15 years providing I’m adding 1000/mo to the pot.

If you have enough funds in an IRA the alternative would be to establish a self-directed IRA, and have the IRA buy the property subject to existing financing (if your sister is willing to do that), you personally can't assume the mortgage b/c you are not allowed to provide a personal guarantee for IRA-owned property and have the IRA pay your sister for the equity.

I had a call yesterday with a rep that made me feel confident, but not quite ready to pull the trigger just yet until getting more verified reviews of their track record of returns and service.

I do enjoy the built in skip tracing feature (12c per skip) which lets you know if the owner is on the DNC list and also if available provides email addresses.

Plan to update the electrical service to the building and potentially the plumbing service coming in.

Hi Geoffrey, there is a tiny chance they will agree to postpone but you need to contact the lender immediately (bank in this case) and provide the evidence that you are a serious buyer (this can include a signed purchase agreement and proof of funds).