Does anyone know if you have to pay documentary stamps on properties that you take "subject to" existing liens?
My attorney is advising me that I must pay doc stamps on the amount owed on the existing mortgages if a ...
Would I have to submit an earnest money deposit on an option to buy contract? Does it work like a Purchase agreement?
I have come across a great property. The HUD price is 22000 the rehab will be in the estimated on the high end of 20000. This property is set up as a duplex, but it does not have seperate entrances (not a problem). My...
Two coworkers I know have agreed to the sale of a house - the one is retiring and selling it to the other. They are not using an agent. The Seller appears to be friends with a person at the title company who is faci...
preparing to make offer on an out of state property and unsure about how to word/handle financing and inspection contingency clauses. I want to protect myself in the event I can't find decent financing (asking $1.2M) ...
I want to begin by saying that I do not recommend just ANYONE doing this, and my story is based in Florida and what we are able to do here....with that said, here's how our deal went down.I was contacted by a seller w...
When wholesaling, how much earnest money is best to put down with seller and how much should I take from buyer when assigning my contract?
Hello BP, how much money would you need down for a purchase agreement for a property under $40k in OH as a wholesaler. Just asking because some use a percentage rule and some just use $10 that I've seen.
From what i understand in a lease option sandwich, most investors collect an option consideration from their TBer, and subtract that amount from the price of the home. But when it comes to helping my TBer get approved...
When having the seller sign the contract, I understand that you can put 10$ on it to secure the contract, but if seller asks you why you are putting in so little what do you them? Don't they want to know that you are ...