Mark Beekman
"Escape Clause" -- Could it effect my current agreement numbers?
I'm in the process of selling a rehab to a husband & wife who are doing a 100% financed VA loan.The house was under contract for $364k with a $5k Seller assist. Appraisal came back at $359k, so the new, negotiated...
Jesus Villarreal
Help advice needed
I'm currently interested in a property that is 3/2 with attached garage. The owner is wanting 50k since that's what the home is valued at on the tax rolls. In speaking with my friend who is a real estate broker he ...
Maximiliano Rodriguez
Seller ethics - multiple offers & securing the deal.
Situation: found a first-buyer for the property, signed a Purchase Agreement and the inspection is schedule for next 4 days. I asked the realtor agent if I could continue showing the house, he said "no problem". Howe...
Joe E.
1st Purchase Agreement Contingencies?
Hi BP fans! I am starting my REI adventure with my first potential investment property, and would love some insight on piece of it. In so far as contingencies, seems there are a couple included though here's where I a...
Sarah Bower
We are selling our property without a realtor! Help!
Good morning,My husband and I are in the process of getting our home ready to sell. We are considering selling it with out the services of a realtor. Here are my questions:1. Where do we find a copy of the legal real ...
Zack Clopper
Rental #8 with Low Money out of pocket
Investment Info:
Single-family residence buy & hold investment in Middle River.
Purchase price: $97,000
Cash invested: $17,000
Purchase price was $97,000 with 6% seller help while using a Hard Mo...
Josh Pryor
Property 1, Duplex House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Evansville.
Purchase price: $143,000
Cash invested: $21,000
Duplex house hack, rent pays my mortgage plus $250.
W...
Corey Dutton
Listings Selling For More Than Asking Price? Bidding Wars Are the Norm in Most Markets
The National Association of Realtors has just reported that the housing inventory in the U.S. has dropped to $2.5 MM units in April, the lowest number since 2006. Here’s the most common scenario that realtors in Salt ...
Waleep Alvi
How bad could I be sued if I back out of a purchase contract?
So, I am in escrow and all contingencies is expired. I also waived appraisal which came in wayy low and now I have to bring in almost 30k extra. I doubt contesting the appraisal will do much. And the seller is not wil...
Dylan Bennett
Long Term Hold in Lubbock Texas
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $79,500
Cash invested: $38,000
I just bought my third investment property! Purchase price of 79,500 I am putting in...