Tyler Perleberg
Water Damage and How to Proceed?
I am a landlord of a condo in a high rise. I have been getting so much conflicting information from people from all over on how to proceed.
I use a standard Minnesota Residential Rental Lease Agreement.
...
Ryan Lupo
Need Advice on Property Dispute Between Uncle and Nephew
Hey BiggerPockets community,
I hope you're all doing well. I'm here seeking some advice for my uncle who's currently in a tricky situation regarding a property. Here's the backstory:
About five years ago, my cousin ...
James Sullivan
Best way to draft a purchase agreement without realtors
What’s the best way to draft a purchase agreement without realtors? I’m attempting to buy a house from an elderly family friend who would like to sell the house to me. We aren’t involving agents, and I need to draft a...
Charley C.
How can we pull applicants credit in-house.
Can anyone tell me a good place to find the proper vendor to set us up with pulling credit ourselves?Currently I use a third party service where the applicant goes online with their own PC after they get home. I have ...
Dennis Haldeman
Private Money Lending
Here's a question for the PML's out there... I am currently preparing to loan money to one of two partners in a real estate transaction. (The other partner is bringing their own cash to the closing table.) Do I nee...
Troy Stoehr
Party Wall Agreements
Does anyone have any experience with Party Wall Agreements? I own 1/2 of a duplex that was sold in an auction and the other half was sold to another person (unfortunately...). Anyway - I just refinanced the prop...
B Cory
Short Sale Approval Clarification
Someone brought some language used by lenders to my attention. I hadn't noticed it before, but now that I look back, I see it in a couple of my approvals. I know a lot of investors use the Trust Method of flipping, de...
James Angelica
Private lender deal structure
I am working out a deal with a private lender. Initially she was going to fund my flips using IRA funds and we would split profits 50/50. Now she would like to borrow funds secured from her brokerage account @ 4.75%. ...
Zachary Trexler
Need Help Adding Creative Finance to a Standard Sales Agreement.
I'm looking to use Creative Financing Strategies for purchasing property but all I have is my standard Purchase and Sale Agreement. What would I need to add to this contract to create a Sub-to + Seller Finance + Novat...
Melissa Roth
Purchase and sale agreement
I don't understand who signs the purchase and sale agreement. Is it the seller and me or the seller and the cash buyer? Do I need a separate contract between myself and the cash buyer?