We put an offer on a home last week and it got accepted. However, we'd like to cancel the contract as interest rates have risen and it doesn't make financial sense anymore. We had put loan and appraisal contingencies ...
Hi all,I found this website while searching online for some guidance on how to approach buying a SFR in Berkeley (to live in, not as an investment). The area I am looking in has bungalows built in the 1920s, which has...
Calling all wholesalers! What is your process to ensure that you can close on a property? Are you always prepared to close on it yourself if you cannot find a buyer to do so? Do you generally pay cash for this?I'm sta...
My wife Deanne and I live in the Twin Cities metro and will be heading to the conference the year. Anybody else from the Twin Cities, out-state MN or Western WI coming down as well? It would be fun to connect while we...
We're under contract for our first BRRRR investment. It's a HUD foreclosure we got for $78k. ARV is probably $150k-$160k. However, there are a few big question marks we're now working to resolve. One is an undergr...
Hi, I am in the middle of selling my house in the LA area and have an offer on the table at a good price. The problem is they are asking for more time, so inspection to be 30 days with loan and appraisal contingency t...
Any thoughts on how to structure an inspection contingency while it may be impossible or irresponsible for an inspector or even an agent to visit properties (especially occupied ones)? I'd be willing to write an offer...
Hi BP,Though I'm tightening my criteria and making fewer offers as we wait to see how this unfolds, I want to be sure I'm covering my bases in any offers I make so I don't end up in any tight spots due to issues that ...
Hello,
I want to begin making offers on land and buildings and include a due diligence period.
When making offers on land or commercial property is it necessary to place a non-refundable deposit in order to include ...