Charles Scott
Structuring a Deal, chime in my friends.
Greetings everyone, I’m new to creative financing but I was able to negotiate a seller into agreeing to terms, he quickly bombarded me with his terms, correct me if I’m wrong but It seems they were set up heavily in h...
Vang Cha
Process when buying a deal?
After finding the right deal with positive cash flow, what is the next exact steps to buying a deal? Such as, (Offers, Banking/Loans, Paperwork, etc.)
Donald Hendricks
Offer for $60k Over Appraised Value
Long story short, my neighbor sold his 120 acres of vacant land to a jerk. The jerk and I have been fueding since nearly day 1. Jerk has been wanting to buy my land & house. I have been telling him to bring me ...
Jackson Long
buyer needs vs agent fees (heh rhyme!)
Hey guys- I've had two agents in two markets. What they did for me was very different. What they charged, in both cases, whatever the standard commission was.In WA it was what I assume is the standard. He would sug...
Ashley Corbett
Help solve a potential Tenant Problem
How would you solve this problem?2 unit property under contract -Financial due diligence complete : section 8 full voucher , Eden program voucher tenant pays $50. Proof of current rent deposits reviewed , Last 3 month...
Alex G.
Is two-week closing feasible?
We received a counteroffer from a REO seller saying that we "MUST agree to non-refundable EMD held by seller’s title and a 2 week closing. Do NOT accept in REOC, Only counter with the same terms."Is it a two-week feas...
Lili Thompson
Lease Option Through Agent??
Hi all, I recently made my first ever offer (yayyyy!), but it was not accepted (darn). I want to counter-offer with a lease-option structure, but am unsure how to go about it, since I’m working with an agent and want ...
Jordan Gregg
Question on sensitive sellers and attorney review
Hello all. We are in attorney review on (what would be) our 2nd MFH. Shortly after submitting our offer, I learned from the listing agent that the sellers had an unexpected death in the family - not one of the selle...
Joe Chirdon
Second Property: Harrisburg, PA Three Unit
Deal: 1929 brick 3-unit (all two bed one bath units) on .38 acre property in C to C- neighborhood. I closed the deal in late February.Purchase Price: $70,000 (20% down and 4.6% 30 year fixed rate mortgage). It was lis...
John Mainwaring
Help with our strategy.
So here I am sitting with the counter-offer wondering if it is really in our best interest?We are just starting in this venture and ran into our dream house in the process. Our initial goal was to get a place for my ...