Sean M.
Wholesaling contracts - how long to hold?
I’ve done some flips and rentals but want to do some wholesaling. One question I have is when I go under contract for a property and put a 30 day close, what if it doesn’t close? Do wholesalers extend these, drop the ...
George Mathew
Appraisal came back $50k below sale value
In North NJ. Sale price is 800K and appraisal came back $50K less. I had hectic schedule my realtor rushed me too much and I followed realtor's advice on comps went with offer of $800K, but now I see that comps he sen...
Clifford Skinner
due diligence
How long should I be putting for my due diligence. I have been putting 10 days due diligence and 30 to close. How do I find another buyer in that amount of time without buying the home with my own money in that time f...
David Jesse
Copies of leases after acceptance of offer?
I'm buying my first rental property. It's the first house I'm buying. It's a duplex which has two tenants in it already.The agent says I will get the lease agreements after the seller accepts the offer and if I don't ...
Bryan H.
Buying from wholesaler
Looking to make my first offer to a wholesaler.
I have purchased off the MLS before and included contingencies for financing, inspections, title, etc. Are these expected & normal for wholesale deals too?
Here...
Arthur J. Encinas
Terms on REO offer to bank
Hello guys,I'm putting an offer on a REO that's been completely vandalized. Copper coil ripped apart from walls and even ceiling. All rooms and house is damaged. My GC told me it would be $35k for complete rehab. Bui...
Annie Hale
What to do if buying a house that has contingency on appraisal?
I’m new to this group and could use some advice. I am self-representing in the purchase of a rental house in AZ. The appraiser hired by the lender stated that she smelled mold and the appraisal is contingent on mold i...
Nai Phi
Seller Credit Pending on 4 Unit
Hello! I am currently in a contract on a REO multi family property. Before inspecting the property, inspector noticed that someone had broken in and took some of the plumbing copper. Tthe bank is having a contractor...
Eduardo C.
Timing of selling home
I am looking to buy another house, and will be looking to sell my current home.
How do people work on the timing of selling and buying a home? I much rather have the home I am going to buy at least in contrac...
Glenn Espinosa
Negotiating REO Offers
Just a tally, who here forgoes inspection contingencies with their offers?
Sorry if this has been covered.