Christopher Evans
Collateral File Review
Hello BP Note Investors,Recently had a bid accepted on a CFD in AL. Received the collateral files, reviewed myself for any red flags (break in chain etc) and then sent the files to the lawyer who was recommended by s...
Tony Gatto
Insurance on land sales contract
Hey... We are looking for some wisdom here as this technically our first land sales contract using our lawyer to draw up the paperwork.The buyer has a 5 year old daughter that is very cute and we love her to death (ou...
Brian Parsons
Investing in Mobile Homes (i.e. Lonnie Deals) using Land Contract or Lease Option
I know I want to start out investing my self directed IRA in Mobile Homes (i.e. the Lonnie Deals), and at first it looked like I wasn't going to be able to do it because of SAFE act in Indiana (That's where I want to ...
Ann N.
$100 deposit on wholesale deal
on a wholesale deal the initial $100.00 deposit given by wholesaler/investor on the contract -- is this a formality or does the $100 exchange hands? if so....a. Who holds the deposit?b. How is it reflected this on the...
Junior Salters
Civilian cash buyer
Would this be treated the same as a investor cash buyer? Buyer wants to pay cash for the house to personally live in? Has 6K of the required 12K, wth 4 of that going to earnest money? 90 days to close contract. Should...
David Roe
Legal issue with closing help!!!
Ok, so I found a whole sale deal, presented the deal to the lender and got a verbal/email approval. This was first week of Feb. Said their closing took 5-7 days. Made the offer on the house and went under contract wit...
Bret Blackburn
Resale Deed Question
I have submitted a bid on a lot that was struck off at a tax delinquent auction. The attorney who represents the taxing entity and I have been in discussions regarding my proposal. Apparently, I'm not the highest b...
Logan Zanki
Wholesaling Contract with Contingency Clause
I'm trying to get all of my ducks in a row from setting a budget, having multiple marketing techniques, properly pricing and building a list of end buyers.
I think the contract will play a big factor in this ...
Deanna McCormick
Lease termination notice who should give at time of sale/Seller??
At the time of signing purchase agreement should the seller agree to give notice to vacate to his current month to month tenants,, or should it be the buyers responsibility once they take over the property.I would lik...
Doryal P.
earnest money
In the State of New Jersey; is there a minimum, required earnest money deposit when getting into contract with a seller?? ( I am a wholesaler learning the ins and outs...