Sheik Charles Brown-EL
Closing Agents in Richmond Virginia
Greetings!I have a friend new to investing in the Richmond, VA area, Hopewell to be more specific. I am assisting him in wholesaling. Does anyone in that area know of any good closing agents? Do they use Attorneys for...
Terry Giancaterino
Transactional closing question
Say I have to do a transactional closing and my mother is going to provide the line of credit or proof of funds letter. In the transaction, does any of her money ACTUALLY get used or is it all just paperwork on the d...
Raj Kumar
Important Steps after buying an property???
I just signed an offer(foreclosure) for a 9000 Sq ft office/warehouse bldg in Myrtle beach, SC and I live in the DC suburb. I am a newbie and just pulled the trigger. I am trying to figure out the next steps(I do have...
Alexandra Scardo
Logistics of using private money as part of the cash to close
Next week I have a tentative closing date on my first flip! I have a hard money lender and I’m using private funds from family as the cash to close. How do I actually move that money around? Should I have my private l...
Aaron Howard
Escrow deposit of 15% on a cash deal?
Hello BP, Quick question, Im a newbie home flipper and just got my first property under contract. The seller wants 15% as a GFD and im a little nervous about that. If something were to go wrong and i wanted out, i wou...
Bryan Mitchell
What are Closing Attorney Responsibilities
Can someone provide us a list of closing attorney responsibilities so we can ensure we’re all doing our part to close in an efficient and timely manner?
Samantha M.
Pending Contracts- What are they Exactly?
Obviously pending implies the transaction has not yet been completed. But what does that all entail exactly?
Things that come to mind, perhaps buyer is waiting on title policy or a survey. What things can potentially...
Janice R.
Settlement documents questions in my 1031 exchange
Hello all 1031 experts!I'm going through the settlement documents that the title folks emailed me. We will have to sign the documents and fedex them for settlement on July 20. I already found that they gave me the ...
Jay Crizzle
Taxes owed at closing
Sold house in september. In recent days closing agent has contacted me and said we didn't pay enough in taxes and we owe the buyers large sum of $ right now because he paid too much. Apparently the closing agent/ tit...
Eric Blow
REO Wholesaling Question
Hi all,
So I am starting to put offers on REO properties. Since I cannot assign the property, I assume I need to play this deal a little tight. I plan on getting an offer on a contract and I have cash buyers ready...