What is a clause I can use if I have already signed the purchase agreement but the numbers or physical dd doesn't pan out? Or if I can not come up with the money (loan approval) I don't want to be legally liable. Thanks.

There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...

I have the following questions regarding a letter of intent.1. I heard that the bank requires tax returns to produce a letter of intent. Do they need anything else?2. What does the letter of intent entail? Does it sho...

When submitting an LOI for a small multifamily property, should I use a lawyer to draft a template to use?  Or is there a standard LOI most investors use?  If so, would anyone be willing to share an example?
Thanks i...

I found a good off market deal and the seller is accepting offers.  I have pre-approval letter and a title company lined up.  I'm not working with a realtor yet, but if my offer is accepted, I will be hiring someone t...

HELP! Lol I am about to go under contract for a fourplex and the seller wants a letter of intent before the purchase contract. Seller is willing to pay all closing costs and loan costs in the deal. Does anyone know an...

Hi, I am looking at a property that I am interested in but it's in another state. Since I am living in another state I have to make work arrangements before I can fly over to the property to do my due diligence. Can a...

I am doing due diligence on a triplex in DE.  One unit is rented. Its lease has been provided, and the standard real estate contract states that the sale is subject to this lease. The tenant has at least 2 additional ...

Are there any serious REO & Note buyers here? I receive a new list every week and I need more buyers that understand the process. The list I have are nationwide. I only want to deal with buyers directly. If this i...

Im a buyer involved in an Earnest Deposit dispute with a seller here in CA.Is my liability capped at the loss of the earnest security deposit (3% of Purchase Price) or am I also potentially liable for any attorney fe...