Francisco Ycaza
Buying REO PROPERTY
16 January 2014 | 4 replies
call the listing agent on that transaction and ask why
Michael Campbell
Lease option assignments in Tennessee without a license
3 July 2014 | 9 replies
If you are a principal in a transaction, like a lessor, lessee, optionor, optionee, and you are transparent to the owner on your intention, that is the important thing.
Christian Carson
Freddie Mac - Multiple Offers
16 January 2014 | 6 replies
Those extra days, if nothing else, will in effect draw out the process and "lengthen" your inspection period.Good luck.
D Redmond
Selling your membership interest in your LLC
16 January 2014 | 3 replies
The buyer has agreed to the terms and conditions but his attorney has never done a deal this way and thinks something is wrong with this transaction.
Josh Justiniano
Lump Sum Wholesale Fee Vs Cash Flows
17 January 2014 | 1 reply
You might get the $5-10k up front as a down payment but that could be eaten up by these repairs/lost rent.In the long term you might make a few more bucks, but the risk is much higher and you have a downside to potentially have to put cash into it to get rid of it, whereas you know your downside with the wholesale deal is $0 if you don't close it.Also with the new Dodd-Frank rules in effect, make sure you understand how those might affect lease options before you jump into one - there are many well researched threads on BP addressing DF right now .
Matt Pitschman
Funding a multi family buy and hold needing minimal repairs
17 January 2014 | 4 replies
For this specific transaction, I wanted the lowest payments possible to keep cash flow as high as possible for as many months as possible, so I offered to pay all the interest in a lump sum, once per year, rather than spread out over the year.
Account Closed
Seller Financing OR Option to Purchase- HELP!
22 January 2014 | 51 replies
Use an escrow or attorney for the closing and a purchase and sales agreement for the transaction.
Gary Parker
Seller Tax Implications
20 January 2014 | 6 replies
If sold on an installment sale, the balance of the purchase price ($57K if sold at $92) will be taxed only when received at the long term capital gains tax rate in effect for the tax year in which installments are received.
Bryan Hancock
"Reasonable Steps" Parsed For The JOBs Act
26 May 2014 | 10 replies
(Emphasis mine) An issuer is required to consider the facts and circumstances of each purchaser and the transaction.
Monica M.
New member with an age-old RE investor question
20 January 2014 | 13 replies
For those who don't know, I was a lender or guarantor in transactions so default often dictated what I was taking on.