Justin Moon
Tips for foreclosures?
Hi guys,
I'm running the numbers and there is a property I am interested in purchasing. This would be my second investment property, but my first foreclosure that needs some heavy work done to it. The propert...
Sean Welch
Transactional Funding
What happens when you want to close on a wholesale deal using transactional funding but the end buyer wants to see the property first? How do you go about this
Jason Ray Richardson
Intended BRRRR ends up being primary residence
Investment Info:
Single-family residence buy & hold investment in Brookhaven.
Purchase price: $75,000
Cash invested: $125,000
This house was up the street my current home and had been on the mark...
Aaron Reamer
Tips for setting up payment plan to sell trailer
Hey community! I've had great tips and advice before on here, so we are giving it another go. We're selling a trailer in Colorado, asking price is 45k in a trailer park. There is a lot of interest in this, but no one ...
Rebekah Fisher
SS Inspection Negotiations
I am U/C for $107K on a short sale property. The inspections revealed 2 major hidden defects. The sewerline and the roof need to be replaced which could run at least $15K. I have negotiated inspection adjustments on R...
Eric Asatryan
If we decide to back out of escrow, will we lose our EMD?
Hello fellow members, I just accepted a counter offer for a condo purchase earlier today. SMCO terms stated buyer has to pay 10K above appraisal if it comes in lower than offered price (what we are hoping for). BCO wa...
Mitch Horwart
My second deal in 2018
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $34,000
This was a 2 bed 2 bath condo that I BRRRR'd with a partner.
What made you ...
Levi T.
I need some pricing help in Tucson
I need some local expert input on the Tucson market.I’m looking to buy a winter home in Tucson for my own personal use. The market looks like it’s gotten hot over the last year, but now prices are being slashed. As I ...
Joshua Iachini
Full Seller's Assist
I have a flip that is listed for sale at $349K. The seller's REA has approached us with a buyer who insists on full seller's assist (read: they want to bring no cash to the deal). They're so adamant on this that they'...
Desmond Smith
Can a residential seller present a signed AOS to a buyer?
Hello, everyone.
I am trying to purchase a residential investment property from a finicky seller. We reach several verbal agreements, but they never return a signed AOS with those terms or submit counter offers. Some...