13 April 2018 | 20 replies
Real Estate attorneys can negotiate the sales contract and close the purchase too.
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20 June 2018 | 1 reply
Looking for contractors, electric, installs, floors, message me with details if you can assist with references.
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19 July 2018 | 13 replies
Have potential buyers sign a buyers contract.
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8 May 2018 | 29 replies
As a flipper, I may look at 20 or 30 before I can get 1 under contract.
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8 April 2018 | 3 replies
Hi all- Under contract for a property, had the home inspection and need some work done on roof and basement waterproofing.
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29 April 2018 | 43 replies
. % does not work.in our production stuff like we do in Oregon were the end product is now in the 450 to 500k range 1/4 to 1/5 is what you need for land cost to keep your margin at 15% of gross or there abouts.. but many builders are only making 5 to 10% of gross if that , depending on where they get their construction money.our Gresham project Lennar offered me 130k per finished lot and we are selling houses right at 450k.. so they were paying top dollar but they build 400 plus houses a year in this market so their margins are much tighter and they are not carrying ANY dirt or land.. they only buy when they can go vertical GENERALLY speaking as I say this they have just gone into contract of a few parcels next to one I am in process of developing 160 lots on.. but basically that's how it works.
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3 May 2018 | 17 replies
HML facilities are pretty cut and dry.but the borrowing against our notes was when I was in the Land and Timber business.. we would log a track sell it to a home owner on contract but it would take a year or two for them to go through planning get their house designed etc.. and then when construction loan was ready we would get taken out.Generally when we did these the logs paid for the dirt so we owned the property free and clear and would sell the parcels for 150 to 300k ( our profit) but could not run our machine collecting 2k a month in a payment so we would borrow 50% against them at our bank still positive cash flow and had the money to buy another timber track.. as these were generally all cash purchases..I suppose those that do the brrr with owner financing could run the same model.. ???
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6 April 2018 | 4 replies
The upside was that there were good tenants currently under contract but downside rent is priced considerably low...
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8 June 2018 | 39 replies
You may think you are "winning" but in reality (in my case) I am letting you know I work for them and then I am going to set the contracts up in their favor.
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9 November 2018 | 1 reply
They list a deal and then have a lawyer write up the contract.