Sam Leon
Reluctant sellers on a SS property
I am an investor and recently a property caught my eye.
A similar property in the same community I really like was available some time back but I walked away from that deal due title issues and mold issues.
This one...
Brandt Fanion
Owner declares bankruptcy in 6 days. Can I still purchase house?
I'm looking at a property in Nashville, TN that's owned by an out of state owner. The owner has suffered from medical issues and is now declaring bankruptcy. The bank will be foreclosing on the house in 6 days. Is the...
Account Closed
Trying to estimate sellers capital gains tax
I am trying to put together an offer with seller financing on a package of houses, think mobile home park but slab houses.I am trying to estimate the capital gains taxes the owner will encounter if a cash sale - to be...
Cory Wells
Options to buy for less than someone owes on a property
I have an off market deal I am looking at where the price I would like to offer is around 8-10K less than what the seller currently owes. I brought up the idea of purchasing subject to his existing mortgage from the r...
Kristopher Kyzar
Second Solo Flip in the Bag
Investment Info:
Single-family residence fix & flip investment in Portsmouth.
Purchase price: $127,000
Cash invested: $53,000
Sale price: $199,900
Contributors:
Taylor Hudgins
...
Kevin Olson
Remodel Gated Community In Ocala Florida
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $243,000
Cash invested: $20,000
Sale price: $349,999
I purchased this house in 2021 with the plans to remodel a...
Don Konipol
Would this ELIMINATE the Need for Government Regulation of “Wholesaling”?
If “wholesaler” (used in the sense of contract flipping, not people who close on purchase and resell) were required to disclose in writing to home sellers that they are not purchasing the home, are only trying to “fli...
N/A N/A
Least expensive way to sell a house...
Considering selling my rental property. I've got a potential buyer so no need for a real estate agent. I financed 100%, the property is about 1 year old and I've offered it at my original purchase price. The buyer ...
Brittany Tilley
Why is the closing where a deal fails the most?
Why do deals fall apart at the closing and how would I avoid this/prepare myself so everything goes smoothly?
Alex Locklear
Wells Fargo Short Sale Addendum
I am real close to getting a verbal approval from Wells Fargo on a short sale deal I've been working on.
Today they sent me a couple of more items they need to move forward; one was a "short sale contract addendum"....