Eric James
Strategy: Conditional 25% holdback to seller until I resell?
Do you think this type of approach would work, and is it currently being used in some form? Would there be anything illegal or ethical with it?I’d like to hear if people think the following is a viable strategy for qu...
Scott Innocente
Apartment Building Conditions in Agreement of Purchase and Sale
I am considering purchasing a mid-sized apartment building.What are some important conditions to consider writing in the agreement of purchase and sale?Thanks
Benjamin Reemsnyder
Loans on residential zoned property with conditional use permit
I have a client that is interested in purchasing a property in the Columbus, Ohio area that is zoned residential, however, it had a conditional use permit. This property is a former auto shop, however, he has no inten...
Neil Quinn
Current renter. Given market conditions, what would you do?
Hi all,I currently rent, and am torn on what next steps should be. I don't want to continue renting, but it also seems that in most places where I'd want to live, cashflow isn't really an option if I ever move out of...
Martin Potokar
Property Condition Assessment (PCA) Pays Huge Dividends & More...
Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
Kimberly H.
Requring rentable condition at time notice of moving given?
Our lease requires 60 day notice of move-out.Our lease requires the condition of the house be restored to move-in condition, minus normal wear and tear, before move out, to get full security deposit returned.We are up...
Account Closed
REO in pristine condition (situation doesn't seem quite right)
This is a continuation of my last thread with more detial. I'm a relatively new rehabber in central Kentucky and so far I've had a fair amount of success flipping REOs from the MLS.Today I took a look at a 4/2.5 SFR c...
Donald Graham
51% occupancy on condo a condition for a loan?
I recently made an accepted offer on a condo, approved by a bank, appraisal has been done, and now I am learning of the 51% owner occupancy contingency for the loan as an investor. I believe the units are 50/50 renta...
Andrea Tapp
Is it required to have Seller's Property Condition Disclosure?
Hello,We are writing up our first contract on an offer, and I had a question about the Property condition disclosure. I would like to have the seller fill out the property condition disclosure, but is it required? I...
Account Closed
How do you wholesale a home in perfect condition
I have found an awesome home I want to get under contract but i dont know how to get my numbers to work since the seller doesnt want to budge much. The home is valued at 140,000 and they had it listed at 139k. I have ...