I recently purchased a house from my uncle that has a shared well located on the neighbors property. I contacted an attorney prior to making the deal and he said it would be ok to get a shared well agreement after clo...
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first off, I appreciate all help. I'm entering into my first seller finance transaction. I'm the seller. With the potential buyer, we've verbally agreed to a purchase price, length of term for seller financing (less...
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Hi,I'm closing on a deal tomorrow (finally!!!), but have this second deal on the table.The seller and I agreed verbally on a $39,500 finance offer...where I put in 50% down of purchase price (so 20K), have the bank ba...
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So I have a large cash buyer's list, and I was approached by a wholesaler that I know relatively well to help him find a buyer. I have a couple questionsHe brought the deal to me and said he was willing to take $160...
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Hello BP Community,
It is my understanding that in California, homeowners are allowed a right of rescission period of 5 days before any contract that they enter into is made binding. As someone who is starting out fo...
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Hello everyone,I have the opportunity to assume a current loan on a duplex at a cheaper rate than current rates.Some details: It's a duplex with an FHA loan. The owner has already lived in the property for over a year...
Hello All, I recently got a verbally accepted offer on a fannie mae home. My offer was with a 20% down conventional loan program. Fannie Mae came back to us an said the home must be sold with a 203k Loan because the p...
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I have hired a licensed property manager for several months to help me manage condominium unit in San Diego, California. However, I must say that the performance of this account has been far from satisfactory, and has...
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I have a friend who had a JV agreement with another wholesaler today but the JV was written up for the sale of a 2 for 1 deal which was written as 2 separate houses for 1 price. The total price was 250k (for BOTH prop...
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We pay for qualified leads in our area for motivated off-market home sellers. But it seems like the majority of the distressed seller leads that come through are "shopping around" for multiple offers. We may be the 3r...