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The Title company's closing HUD-1 documents had an error. The closing documents were all signed, last week. Now, they say that they made an error. They are asking me for $2500 more. Apparently line 802/803 (originati...
Looking to do a rather large deal for me (39 units) and the seller has agreed to finance 50%. The problem is the bank won't allow anyone to be in a position of taking over the property in case of default other than th...
I'm a newbie here so I'm not sure how to find the information regarding my matter but this is the situation I'm about to deal with. I have a homeowner that just got their first foreclosure letter and their house ha...
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I briefly spoke with an RE attorney who advised me that most of the finer details of a transaction are worked out at the closing table. What I am curious to know is if that is the case, when purchasing a property subj...
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As I understand it, a purchase price can be as much as 2% over the appraisal value. And I've heard that some people make an offer higher than asking price with the understanding that the seller will, to reciprocate t...
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My wife and I are in a bit of a predicament. She is 1/3 owner of a two family with her grandmother and father. Business with family is less than ideal but we decided to give it a shot. This past year there have been n...
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I have someone who will give me a private loan, my questions is how do i go about getting the agreement done. I have looked at loanback.com are there other services i should look at or do you just go to a property la...
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Has any investors use alternative financing sources to fund other real estate projects using owner finance notes?
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I just sold my rental to the tenants who are living there. Escrow has closed and the tenant sent me a message about a refund for partial rent (they paid for the full month- but escrow closed on the 12th) and they aske...
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First time on BiggerPockets & first post. i’m working on a deal the homeowner wants 100,000 for the home asking for 50-60k down homeowner will finance the rest any recommendations on how to write up a contract fo...