Michael Shadow
Closing first deal
Well I'm one day from closing my first deal and I got a copy of the HUD settlement statement yesterday and I looked at the bottom line where it says "Cash from borrower" and all I could think was WOW!!! I was shocke...
Juan Nunez
Bad closing experience
I dont know where to post this. I just want to get things off my chest and move on. I'm a little pissed off.
I just had a terrible experience at a closing this evening. I postponed everything until Monday because the...
Joshua Lowery
Wholesale Double Close
Hello Bigger Pockets Fam!Now, Lets get down to the Nitty Gritty! (HQ scotts voice)Is it possible to do a Wholesale Double close, using the end buyers cash (from Escrow) to do both transactions (the A-B & B-C)?Side...
Junard Lane
Contracts and Closing
Do I need a third party like a title company or real estate agent to assign contracts and close on a deal?
Juan Flores
Post Closing Agreement
At the closing of an investment property, the seller signed an agreement to follow through the eviction of a tenant 15 days after closing. The seller had already a signed agreement with the tenant on a move out date....
Bryan L.
Wholesaling Deal Closing
Hello, I am planning to purchase a few houses in my area by wholesaling them myself, rehab (with contractors) and then renting them out (through a property management company). The main reason I am looking at wholesa...
Steve Morris
Weirdest Closing Ever
I'm a Realtor out here in Las Vegas and ran into the weirdest and saddest thing ever at a closing table. From some Facebook marketing, I ended up with a buyer looking to purchase a home in a cheaper, lower class neigh...
Joseph Garner
Buyers closing cost
Hey BP community! I am in the process of buying my first property! It’s two SFH that I can’t wait to get rented!
However, I’m hung up on closing costs. What is a typical percentage I should be charged?
Currently th...
Brandon G.
Splitting Closing Costs
I am making an offer on a property and the seller and I have agreed to split the closing costs. Now I am filling out the TREC 20-12 agreement and not exactly sure how or where to write that out.For the survey, the onl...
Matthew Rembish
Calculating Closing Costs?
Is there a general rule of thumb or percentage of purchase/selling cost for calculating closing costs when buying & selling a rehab flip? I'm just trying to make sure that I'm running my numbers right. Any feedbac...