29 August 2013 | 18 replies
B must bring funds to fund the first transaction independently.
1 October 2013 | 9 replies
Joe,Thanks for the welcome message :)My objective is to approach the owners directly and avoid involving agents in the transaction if possible -- that's a large part of the reason I'd like to find another source for the information.Dave
29 September 2013 | 7 replies
Originally posted by Shaun Reilly: I actually had the costs for holding/selling a bit higher assuming use of hard money (Which for a project that size I would use) so my $330K buy price only had the profit about $6K higher assuming that $35K budget.Yes, sorry...should have clarified that...I typically use 10% of the resale value for fixed cost estimating when it's an all-cash transaction.
17 November 2013 | 54 replies
There are certainly some steps to go through such as negotiate the contract, conduct due diligence, settle the transaction, receive collateral, and servicing transfer.
16 November 2013 | 9 replies
I believe if the buyers closed this transaction without the agent, the buyers could be liable for the commission, as there is such a thing as Implied Agency, not you, as you did NOT sign a fee agreement with the broker.
16 June 2014 | 2 replies
I paid about $100/mth before transaction fees.
13 December 2013 | 14 replies
I'd make your offer independent of any possible transaction that occurred between the banks.
11 December 2013 | 5 replies
Sit down with a CPA, experienced with real estate transactions.
20 October 2017 | 19 replies
I know that my suggestions made their way into the boilerplate contracts used that seem to be specifically drafted for that transaction....that's another story.
11 December 2013 | 0 replies
And most real estate investors aren't able to come up with all of the cash quickly, particularly if more than one real estate transaction is in the works.