Rob Rey
How do you negotiate closing cost on an REO deal ???
Does Zero closing cost exist on a REO ???
How can an inexperienced investor negotiate closing cost
as low as humanly possible on a REO property ?
I'm not refering to financing cost, which is a seperate matter.
On t...
Jeff Copeland
Anyone ever put a house under contract with a 12 month closing date?
I have a seller who I've been working with for months. He wants to sell me his house, but he doesn't want to close for a year. He's very realistic on the value, and is pricing it at about a 15% discount due to the lon...
David Schulwitz
BRRRR Calculator/Analysis Rookie Questions
Hey BPers, I'm increasing my BRRRR deal analysis as prospective deals come across my desk and I'm trying to sort of streamline/systemize things to analyze deals faster. Trying to take Brandon Turner's advice by analy...
Amy Nguyen
Closing date on 1/29 but seller won't extend, need help!!!
There were some issues that caused some delay and we finally had an appraisal which was done on Monday and ETA for the report is Friday and the sellers are refusing to give me another extension since I already extende...
Scott Sambrook
Cash out refi limitations
I’m told I cannot cash out refi for new value of property until a year has passed. Purchased 3 units for 90 cash, rehabbed and rented, bank says can’t use new value for a year. That will take way too long to replica...
Greg P.
Trouble with the LAW? Wholesaling off MLS or other properties
Hi. Lets say I have a property under contract (tied) up on the MLS and we not closed yet. Am I legally able to send it off to my buyers and try to sell the property before I even own it?
William Sieving
Lender is late on closing
I am working with a lender from the BP resource list and have already extended closing by two weeks because this lender claimed they needed more time to obtain financing. Now we are less than three days from closing a...
Erik Carrion
Collecting the assignment fee
Scenario: you've got a house under contract and have located a buyer. You've brought the assignment of contract which stipulates your fee and the %age you expect up front. Do you even have to be at closing in order to...
Josh Miller
Off market deal no realtors involved
I have negotiated an off market deal with the owner. We have price confirmed and we have agreed not to use realtors to save on owners end.This property is in CT, can anyone suggest how to properly close this deal. I a...
Kenny Oliver
Seller Concession Loss
Hi everyone Im in the process of closing on a SFH the purchase price is 213k with 20% downThe seller concession was $6065 to cover closing costs there is $419 left over due to the "limit im allowed to receive" and my ...