Chris Montalvo
Assignment or double close?
If I’m looking to do a double close would I use 2 purchase and sale agreement contracts for both seller and buyer?? Or would I use 1 “purchase and sale agreement” for the seller and 1 “assignment of contract” for the ...
Jesse Bryant
check liat for my first rental property
i have found a property 3/2 single fam home that i am intrested in. i was wondering if there is anyone that has a check list of things to do to complete process. i know that i will need to get the home license/inspect...
Ravindra Sridhara
Financing Mulitple Properties
I am in contract selling one of my properties and would be doing a 1031 exchange using the proceeds from the sale. I have identified two properties that I want to purchase. I would use 1031 to put as downpayment for t...
Tony Gatto
Need help for my seller to pay of mortguage early
Hey gang.
I have a seller that wants to terminate his mortgage early. I am not interested in a sub2 as i have a few buyers for the property already.
However he does not know how to pay off his mortgage...
Ian MacLeod
Deal Structure
Hello all BP’ers,
I need some assistance with structuring a deal. I live and work in Canada and my issue relates to financing. It is quite difficult for Canadians to get financing on investment properties in the US, ...
Dee Xixi
What is it involve in an owner financing, this is my first one
I am closing on my first Owner Financing, all you that I have done it before please tell me how to handle the process. The owner accept my offer so what come next?
Chris Galvez
Closing cost increase
Good Morning Everyone, Has anyone notice closing increasing in the past year? I'm doing some research and wanted to see if anyone might have any information regarding the increase of closing cost ; possibly due to TRID?
Samuel Strickland
Make offers signed as LLC?
Hi guys,
Embarking on my REI career and I'm ready to make an offer on a home. I have an LLC setup specifically for rehabbing and flipping.
When making offers on homes through a broker, is it best to si...
Chintan Ce
Am I impacted with FIRPTA
Hello BP members,I am trying to buy a property from a seller who is not local and is based in China. They (through their agent) have sent me a "Sellers Affadavit of Non Foreign Status" form that says they are exempt f...
Dave Godfrey
Selling & Lending to foreign nationals
Hi BP.
I have a client who is selling their house (conventionally, not as a rent-to-own or seller financed). I was approached out the seller doing owner financing (thus becoming a lender) on a house in which the buy...