Tyler Condon
Closing costs are already covered, but seller wants to give credit for repairs still
How can a seller credit be paid once the closing costs are already covered? The seller wants to give a credit for repairs so we can close early but the closing costs are already covered. Where would this credit be app...
Phillip M.
Freddie Closing Fee
I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
Sharon Vornholt
Exit Strategies For Wholesaling. What Is a Double Closing?
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
Lance Sager
Florida title companies and closing question?
I just signed up my first wholesale deal in south Florida and I'm curious to know if the seller is liable for any closing or title costs at all? Does anyone have experience with this in south Florida?
Sherria Drake
purchasing property in reverse mortgage
Greetings
I am trying to purchase a home owned by a deceased family that is in a reverse mortgage the person in control of the title is willing to take what he can get on the deal. Any advice on how can I get the hou...
Adriel Cisneros
Title Companies in TX and wholesale deals
Will a title company in TX require that the seller sign off on an purchase and sales agreement (i.e disclosing the actual assignment fee, etc.)?
Colin Buckley
Selling a house I bought three years ago on land contract?
This is a difficult scenario to search for, so I couldn't find anything.I have a house that I bought in early 2012 (in Illinois) on a Contract For Deed (land contract).I still owe money on the house (and do not have t...
Emad Khaz
heads up for 1st time investors
So i finally got my 1st rental property , i used a small bank to fund the deal after my mega bank refused to fund it ( too small for them) ,,i did not read or heard this before till about to close on the deal . since ...
Alan F.
How to best handle tenants at will?
When looking at investment properties, sometimes I come across ones that have tenant at will, usually long term tenants who are paying way below market rent.
How do you guys handle these situations to try to bring th...
Drew Lofgren
Transactional funding referrals
I have a deal which will net somewhere in the range of $10k. It's a wholesale deal but after getting to know the seller a bit I believe a double close would be my best bet. I'd rather him not see the spread.
I've ne...