Under contract with HUD for a fixer upper... contract price is the bare minimum net HUD would accept, and intend close with cash. Survey results were a bit.. murky... due to a boundary agreement filed about 20 years...
How many of you re-negotiate after a home inspection. Assuming there is something wrong with the furnace, air conditioner, little water damage or so on. What does everyone do? Drop the deal or get compensated in mo...
This is question is not my predicament, but it has crossed my mind. Here’s the scenario. Renters signed a 1-2 year lease. At end of the lease they give notice they aren’t renewing and they’re moving to a cheaper rent ...
Hi everyone I have a situation and need some advice. I have this property under contract I have had multiple cashbuyers go see the property its a 3b 1b the seller said it’s on a double lot but the lot it’s not big eno...
I have a HUD home under contract, needs a lot of work. About $40k, and I am in it way too high. Will HUD renegotiate their contracts or what is the procedure? Obviously, we didn't get estimates until after the cont...
Hey team, I have a TH in Jacksonville with a Sec 8 tenant. Steady income, but the property is earning well below fair market rental rates for the conventional rental tenant market - roughly ~$500. Can I appeal to the ...
I just went into contract on my first SFR and the contract stipulates as is. No sweat. Now comes my inspection. I asked my agent if I can use any issues that come up in the inspection to renegotiate the price. She sai...
Has anyone renegotiated the purchase price of a property (being bought through a whole-seller)? The deal was entered before the COVID-19 situation, but considering the sudden change of market conditions, it now seems ...
Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood. After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...
Hello everyone. I currently have a property under contract that I intend to wholesale which I underestimated the repair costs and need to renegotiate the sales price with the seller. If the seller accepts my offer, ca...