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I need your help for me to understand my first "offer and agent agreement".The background: I am the buyer, and this agreement is between my real estate agent and me (client). I am buying a house from a seller with th...
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I’ve been approached about a creative financing option (Wrap Mortgage). I’m the seller of the property. I’ve dug into a little research but most explanations come from buyers end and not the sellers. Is this beneficia...
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Hello! I found a $600k SFH in Seattle on a corner lot with enough room to build a DADU (will sell for $600k). There are two issues (opportunities?) though; (1) there are tenants in the house on a two year lease (payme...
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Hello All!I'm looking to buy a single family property for $90,000- gets 17% ROI and recent updates to major ticket items. The catch is the seller (FSBO) wants $2000 non-refundable to submit an offer. She said the reas...
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Hello All,I am waiting for my first 4 unit inspection report, but want to be prepared to either drop the property buying price down or instead do the found repairs.Can you guys shed some lights on the some ways to app...
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I have been negotiating an "off the market" apartment deal for a buyer of mine in WA state for the last month and it seems we may have come to an impasse. The transaction is structured as follows:Original asking price...
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Hi I’m going to be making an offer on a 100 year-old house that needs a lot of work. The numbers work fine. I’m trying to anticipate what counter the seller might come back with. I have already confirmed that he w...
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Hello Everyone,I am looking to make an offer on an off-market MHP in Wisconsin and would love some help on what CAP rate would be appropriate to use for pricing. I know rates will vary widely based upon park location,...
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How do you manage a wholesale deal whose property has a mortgage, a loan on it or is in foreclosure?
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So I have a potential property to go under contact. The property is listed for $199k, however after pulling the comps and the fact that home just listed for sale (2 days ago) for $20k less than my seller! (I brought a...