Hey All! Would like to get your input regarding the validity of a purchase contract..Scenario: Closing date has come and gone, because the buyer's lender took longer to process the loan than expected. The buyer and se...
I am running into this frequently and looking for a way to work around. In a strong local market, income properties are often listed in stating that offers are being taken for x number of days, and acceptance will be ...
I spoke to a contractor recently that told me he was licensed in the state. After additional research I found out that his license has been expired for two years. How likely is it that this was a mistake? Is this a si...
What do I need to do to recoup the money that tenant didn't pay. His lease expires on May 15th. In March when our state started hearing about COVID cases, he already said he couldn't pay and we extended the payment f...
What is the general feeling about investing in a vacation rental condo, with high occupancy rate, that is a leasehold property with about 30 years left on the leasehold? Can I find out more information about the deta...
I was under contract for a 3/2 that was going to be a fix and flip. Contract signed on 10/1 and seller wrote a close date of 10/15. We did not close on 10/15 but I continued working with bank and seller still expected...
When wholesaling a contract, and you do not have an entity and you plan on assigning the contract do you put your name on the contract as buyers, and at closing the attorney uses the assignment of contract to close in...
Husband and wife with 5 kids rent from me, there was a domestic disturbance and the police where called. The husband filed for a divorce and wants the wife and her 3 kids to leave. Now at the same time their lease wit...
I live in California and I'm going to start sending out my direct mail packages, but I haven't found a professional looking contract for the purchase of real estate. In my opinion it should be legal and binding in it'...
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...