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Just had a sale fall through because the seller did not sign on the contract date. My rate lock expired the day of closing and since the sellers were no shows, we decided not to purchase the property. As far as I und...
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Ok, amateur hour here..
I used a private lender for my last purchase. And now I am going to cash the lender out with my own funds (selling the property with owner financing, then getting a loan against my note recei...
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I've need some advice on when or if you should release the addresses to potential buyers before you have the properties under contract for wholesale assignment deals.I am working on a 5 rental property deal that has s...
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Hi,We want to verify tenant employment and salary. When we called the company, they are asking us release form. Is this something we find online? If so, can you please provide me with the details?Appreciate your help.
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Help is appreciated on my first wholesale contract. I put a property under contract with a 30 Day Option period. After we signed I could not find a buyer. (I offered about 20k too much) Seller wouldn’t go down. I file...
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Hi all,I have a two property portfolio under contract. The properties came in a package deal although I only intend to keep one of the two. I am confident I can find a buyer for the unwanted property but I want to mak...
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Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...
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How does release price work? I have a portfolio loan and am paying it down but need to sell a few properties.What if the home sells less than the release price but I have paid a lot of equity into the portfolio loan?
Class A property. Tenants in year 2. Always pay on time, easy to work with. Seeking an early release for family reasons, with 60 days notice. We're inclined to oblige. I was going to do an inspection before modif...
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Hello,I am a seasoned multifamily investor and am currently in contract with a pretty big company that has 100 million plus in multifamily properties. The problem is the property is over 9 million dollars but the sell...