Larry Russell
Signing a contract with a real estate agent
How common is it to sign a 6 month contract with a real estate agent? Would the seasoned real estate investor recommend a newbie to use this sort of arrangement to find investment properties?
My concern is by signin...
Mike Lowrey
What's The Difference Between Purchase Agreements And Contracts?
Hello BP world,
I was reading a blog earlier about a new technique and it mentioned purchase agreement and contracts. The blog states to always use an agreement, never a contract. What are the differences?
Mike
Brian Freddyson
Possible clauses for a sandwich lease option contract
I am looking to start making offers on several properties in Edmonton Alberta, Canada. It seems to be one of the best strategies for a guy like me with little to no money.
THIS IS WHERE I C...
Ayodeji Kuponiyi
Assigning a Subject-To Contract? Is this Possible??
Hi BP Nation!So I have a house I have under contract for 36 months with the intention to do a Lease Option on. I have a buyer that wants the house for himself however, he wants to do a Sub-To. The house has a mortgage...
Account Closed
Land contract vs seller mortgage and capital gains
I am trying to structure a deal with a seller for owner financing. We have the numbers worked out and he was going to do a seller note and hold a mortgage. His accountant has told him that it would have to be a land c...
Jeremy Anan
How to back out of an Auction contract?
Hello BP!I recently bid on an online auction property and finished as the highest bidder. I increased my EMD to 10% of the price within 24 hours. I’ve then signed the contract. Unfortunately, the property didn’t appra...
Kyle Wilson
Get under contract first, then find hard money?
As a newbie looking to do my first BRRRR or Fix & Flip, I'm realizing I'm not sure what the proper protocol is with regards to lining up cash for the deal first (hard money) vs getting a deal under contract first,...
Khari F.
Wholesaling: Sell the LLC or Sell the contract?
Which do you prefer and which is simpler? I assume selling LLC is more complex for newbie since you have to structure LLC as manager managed and requires Manager Resignation and Appointment of Manager documents. or is...
Lamont Marable
Super Cheap Baltimore home but the contract says...
This:"BUYER UNDERSTANDS AND ACKNOWLEDGES THAT THE PROPERTY MAY BE ENCUMBERED BY MECHANIC’S OR MATERIALMEN’S LIENS OR OTHER LIENS, JUDGMENTS OR ORDERS RESULTING FROM ALLEGED VIOLATIONS OF LOCAL ORDINANCES AND BUYER IS ...
Brian Flint
Wholesaler Dilemma ? Assign contract, Hold, Repair,Flip, Brrrr?
Recently put a clear & free 3br/1ba 1028sqft home on 0.25 acres under contract for $30k Zillow estimated the ARV at $92,860, my first Intent was to sell my assignment contract to a cash buyer but then I was weighi...