Loren Thomas
2nd mortgage or HELOC on a seller financed house?
I have a unique-ish situation and I am wondering if I have any options. We want to pull about 40k out of our house... somehow? We have a ch7 discharge from 6/22/16. We owe about 290k, current value via redfin is 432k,...
Melinda Ching
Creative Financing - Seller financing with house deeded to LLC
Hi all,
I'm new to the creative financing world of REI. My partner and I are talking with a seller about possibly seller financing a property to us. She claims that because the multifamily is owned by her business (a...
Mike Simon
Seller with little equity and house needs full rehab
Hi everyone, What options can I present to a seller who 1. doesn't have a lot of equity, 2. deceased parent is on deed. 3. no money for probate attorney, 4. House need full rehab. Parents own the house but the mother ...
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Account Closed
First time house hack and having to sue seller?!?
Hello!My fiancé and I bought a duplex for a house hack in pricey MPLS late this year. After searching through multiple places we found a place that needed some TLC but otherwise had a lot of potential. It’s a 1913 up-...
Andrea Tapp
Seller sold house while we had it under contract
Hello BP,I need some help, we had a house under contract from April 6 to April 27, 2017 and the seller called me on the week of April 10 and said that she could no longer sell the home because her husband wouldn't sig...
Hector Duran
Seller calls you after marketing ,' we buy houses cash'.
It's all fun and games when starting your direct mail campaign and ads, but how would a conversation go when a seller actually reaches out to you? What questions should you ask? Should you have a script? How should y...
John Ma
Dealing w/ multiple end-buyer investors inspecting sellers house
Hey guys, i wanted to see how some of you handle situations where multiple end-buyer investors are visiting the seller's home to be wholesaled to evaluate the deal. End buyers would want to visit the house to confirm...
Gabrielle E.
Why do sellers want to keep their ugly house??
Does anyone have insight on why some people I call DONT want to sell their property, even when it's a boarded up property in horrible condition that's been vacant for years? Is there some reason why people want to kee...
Account Closed
Seller sold home ,house fire was arson,not disclosed
I rented a home ,almost 10 yrs until house fire,arson,I was now homeless,owner remodels on insurance money,sells for over 1million,yet never told new buyer about the fire? Is this legal?