Coral Hernandez
Should I Buy; Is the Deal Profitable
20 March 2020 | 0 replies
Step 3:o Determine your Purchase Price (Highest Dollar Amount you will pay for the deal to make sense)o Calculate the Total Cost of Repairs and Closing Cost§ “Deal Economic sheets” can be very useful to streamline this process for determining closing cost (title, tax, lawyer, etc.)o Add [Purchase Price and Total Cost] together.Step 4:o Minus the Amount from o [Step 3 Purchase Price + Total Cost] from o [Step 2 Projected ARV Amount] o = TOTAL PROFIT This will calculate the total amount of profit you will make after listing and selling the property.
Coral Hernandez
How Do I Find Deals ; Where to Look for Deals How to Find Deals
9 November 2020 | 3 replies
They then sell the rights to purchase it to Investor or Buyer· Real Estate BrokerThey represent multiple “Sellers” of properties.
Account Closed
Rental Property Cash Flow Explained
21 March 2020 | 2 replies
Cash flow represents an objective sum of money that is left over once an investor has accounted for all of their capital expenditures.
Kevin Hoff
Backing out of a deal based on bad inspection
25 March 2020 | 24 replies
If you have an attorney representing you they make sure those contingencies are adhered to.The term turnkey to most of us means it is move in ready where the rehab has been completed.
Blaine Prater
Can you wholesale a deal to non-cash buyers?
23 March 2020 | 5 replies
You are neither the owner of the property nor a lien holder of any kind or an agent representing one or more of the parties in the transaction so the bank does not want to (and will not) fund your wholesale fee.
Ron Fletcher
After Coronavirus is over!
10 April 2020 | 16 replies
The average citizen is powerless and will never get anything ,and the people they have elected to represent them wont help them,cant help them.3>Healthcare is already out of control expensive and is absolutely unaffordable, many many are going to be bankrupt just with medical bills due.4>Many are going to be bankrupt because of failing business , loss of job, etc., this is obvious.5>As mentioned above , just a few are getting tons of cash - which means they can buy out business and other companies at very low cost and this means further super consolidation of power - literally cementing it in place. 6>The future for the average citizen is not looking good.
William Krostek
balloon payment and foreclosure
21 March 2020 | 0 replies
Can someone recommend a lawyer in the Napa area that can help me figure out what to do next on a long distance foreclosure and how long it takes and cost.
Talbert Floyd
Legal Question on Property Tax Sale
21 March 2020 | 0 replies
I would go through a lawyer and give him the money to cover the taxes and the buy out.
Sarthak Ganguly
[Buyer]Oil tank found, past contract close date, how to pull out
2 September 2021 | 1 reply
Storage sent a note today that they might close down anytime next week.We sent a termination letter on 3/14 but seller refuses to sign.My lawyer says I can't send time of essence letter since a oil tank is not a breach of contract.I am stuck in a hotel with wife an infant and with 15k in escrow and the date on contract have passed but still I cannot pull out?