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We are looking at a MFR that has great numbers but the question we have deals with the name on the offer contract and then the financing.We have an LLC in another state but it is a new LLC with no business credit at t...
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My partner and I are finalizing an off market deal and getting ready to go to an attorney to write up the terms of the contract. As far as contingencies go, what should we be wanting to add/ask the seller regarding an...
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I've been searching through the forums and can't seem to find a clear view of the buying process when it comes to paying cash for a property, so would appreciate some clarification.
1 - talk to my attorney and get a ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $145,000
Cash invested: $50,000
Contributors:
Nick Kime
After remodeling we rented on a monthly bas...
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I am really interested in doing wholesale on pre-foreclosures, initially to build capital at first. I was just wondering of any strategies out there for doing such a thing. Also, what is the best way to contact the pe...
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Hello all,I have a question about escalation clauses that I was hoping someone could shed light on. We live in an area with limited inventory right now. Houses are getting 15+ offers, 25-20k over asking (approx. 8%-10...
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I have a Land Contract I just wrote beginning of this month. It's for a property in Lafayette, IN, 3 bed 1 bath alot of new stuff remodeled just before selling. The "note" is for 80k, 3k down @8.5% over 30 years with ...
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I’m ready to make an offer. The numbers look good. I’ve researched the area. I’m out of state- and haven’t been there yet. Going under contract is leaving me in analysis paralysis because this is my first investment p...
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Hi Everyone,If I represent a buyer and we'd like to make an offer, which contract in FLORIDA is it?Thanks
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I am just starting out and it seems that by the time I look at a property, do the initial analysis, find a contractor and finally start the offer process, too much time could pass and the deal could be gone. Would a ...