Percy Yarleque
'Subject to' - Contract writing
Hello Everyone,I am having difficulties trying to write my contract for a 'subject to' deal I'm working on and I'm hoping I can get some clarifications by the gurus in here. The purchase price for the property is $2...
Jerry Stricker
Proposed escrow change after closing
I need the advice of this great community. I am the seller in a botched real estate deal. I had a purchase contract that explicitly stated we would provide a $2500 credit for an A/C install. I pre-signed (out of stat...
Daniel Dollar
Question About brrrr
Maybe I'm just missing something, but I'm confused about a few things with the brrrr method. Say I buy a house for $100k, rehab it for $20k, and then refiance for $200k. If I did a cash out refi, I would have around $...
David Sirmons
Title company required for buyer on REO flip?
I just had my offer accepted on an REO. In the addendums, there is a contract cover form that outlines several areas of interest. One area is about 'Buyer's attorney or title company.'
Do I as th...
Jordon Kellett
Second deal help advice Urgent
I have been under contract since May for a deal to buy the building where my wife’s newly purchased business operates. We were supposed to settle on 8/1 but the upstairs tenant has refused to let the owner into the ap...
Alex May
Diagonal Ceiling Crack throughout Living Room - Serious?
Hello! I am considering a condo unit in the downtown Chicago area. It's a 20-year-old building located right next to the train rack. The unit's ceiling crack has grown throughout the entire living room diagonally. I'v...
Martin Michael
Foundation Issues - How bad is it?
Hi guys,
First of all, thanks for reading through my post.
I had a look at possible investment property this morning and we noticed some foundation cracks. Seller described them as settlement cracks in the disclosur...
Jeff Filali
Lockheed Martin to add 1,800 jobs in Ft Worth...
Lockheed Martin CEO told Trump they plan to hire 1,800 new employees in Ft Worth Texas. Note to self...invest more in Ft Worth real estate!! :-)
François Gauthier-Drouin
Estimating cracked foundation repair costs
Hi BP,I'm trying to get an estimate for the cost of some cracked foundation and bricks repairs on a prospective property in Quebec City, Canada. I haven't been able to get a clear number from contractors in my area. C...
Jeff M.
Delayed finance exemption strategies
I have a new property under contract and am looking to pull my cash out sooner than the traditional 6 month cash out refi seasoning period. The home is almost complete needing only new flooring, interior paint, and a ...