Hello everyone!Bottom Line Up Front: How can a hard money loan be secured on a subject 2 property?Background:A local wholesaler is purchasing a duplex that he intends to keep as a rental. He's negotiated a purchase ...
Hey guys, today i have a question about assignments of contract. I have being thinking about doing assignments of contract to start gaining some confidence and of course "money" in Real Estate. I have a purchase agree...
Has anyone done a loss of rental income clause on a property if the buyer fails to close and backs out.Example.. Rental property 4 units all are on month to month and buyer may request that property is vacant as of da...
I have a duplex that I am trying to buy for $125,000. I will be using traditional financing for the purchase. The seller wants me to give him 10% down and sign a contract. This is the first time I have run into a de...
Getting ready to do our second "owner carry" deal where we are the sellers. We own the property with an existing HELOC with a balance on it against the property. No other encumbrances. We are selling the property o...
Should i be concerned if a home was contingent for a month and a half then relisted? What are some questions i should ask when inquiring about this home? Anything helps thanks.
I have located a REO. It's a great property in a great area and negotiated to purchase it at 50% according to comps. I wasn't able to purchase it due to the fact I was short on EMD. I passed the deal to my buyer, wh...
Can someone give me advise on how a Land Contract works on 3 unit property? I have someone that wants to buy my Tri-Plex and pay more than my asking price with this method.
Good morning all,
A local experienced investor recorded a seminar where he vigorously asserts that a Contract Sale are a much less risky and more fairer to both TB and Seller than Lease Options (he states t...