Sam V
subject to deals - how much does everyone put down and has the bank called loan due for anyone
20 January 2019 | 21 replies
It's not really the agents choice on whether they can accept the proposition it's the head brokers unless they are with a flat fee company where the amount paid initially would cover their fee to the broker.I just think to TRUST that an investor is going to pay you the commission after a deal is done and has the property is very high risk.Anything goes wrong and you will be the first one getting the shaft and chasing the money wasting time and energy.If I was the broker or agent I would try to line up as many investor buyers doing sub 2 and not accept such a position.As always parties with different interests will align themselves different ways.It's almost similar in commercial real estate leasing in that as a broker you want to try to extract as much commission upfront.The longer your payments are spread out in the lease the more chance of the business going under especially a mom and pop operation.If I had the investor buying hat on I would probably try a similar strategy.This is why investors like off market deals because they can isolate the seller and extract the best price and terms.When many buyers are competing for the same deal the pool of competing buyers lose leverage to the seller.
Ronald Cagape
Greetings from across the Pacific
3 October 2011 | 6 replies
I'm extracting the principles and get them to work here in the Philippines.I'm a real estate broker specializing in Office Space and Commercial Property.
Thomas Handy
Who's equity is it?
29 December 2011 | 4 replies
However, since you don't actually own the property, there's not much you can do to extract that equity.
Andy Hayes
Looking to start buying rental properties
27 February 2012 | 17 replies
If caught, the IRS would extract several pounds of flesh from me.I've been reading about cosigning a loan for my daughter and even that's not too appealing since even though I'd have no interest in the house, it would count in my future DTI calculations for mortgages.
Mike Reardon
Suing my HOA
27 March 2017 | 30 replies
Check the HOA documents that is trying to extract money from you.They should be recorded at the Registry of Deeds.
Vicki Luchini
LLC
28 March 2012 | 5 replies
You should focus on extracting the most value out of the property, not breaking even.
Michael D.
Allegheny County Assessment Appeal
16 April 2012 | 3 replies
I own a 9-unit building in Millvale, PA and just got a notice that the school district is appealing the assessed value in order to extract additional tax revenue from me for 2013.Can any of you provide any advice on how to deal with this and what evidence to present?
Daniel Barden
Is there anything i can do with this?
11 April 2013 | 14 replies
But if you are hoping to extract value for yourself, your time might be better spent on another opportunity.Wish you the best!
Pete Amador
New to investing
5 May 2013 | 10 replies
Many people will tell you to refi and extract that "trapped equity".
Rocky Li
Flip a property under my name or under a corporation
21 April 2013 | 3 replies
Also be SURE to have a well defined written agreement (Operating Agreement) with your partner about who is responsible for doing what and how money will be contributed and extracted and an exit strategy and an alternative exit strategy etc.