Kevin C.
Owner financing, Land contract vs Purchase money note
Hi everyone.I have been working on a potential owner financing deal and have reached an impasse with the seller. I want to use a purchase money note(mortgage) and be able to subordinate him to second position so I can...
Joseph L.
Commercial Multi-Family Clauses in Purchase Contract (Louisiana)
Hello BP Family,Does anyone know if the following is required in a commercial real estate transaction specifically in Louisiana? This would be for a Multi-family transaction.A Louisiana Sales Report provided by seller...
Brandon Styles
Need Help Finding Financing For A Land Contract
Hello BP,I'm in the middle of trying to close a deal on an 12 unit apartment building ($375,000). I'll be doing a land contract with the seller. I have a verbal commitment from the seller on the terms on the terms of ...
Matt Phillips
How to structure a rent to own contract?
I have been building some 3/2s for turnkey near Charlotte, NC and had a renter approach me about a rent to own. What are the positives and negatives about doing this and what is the best way to structure a contract?
Pete Park
Owner won't provide official mailing address on contract?
I am based in California.The management company who listed the property, will not provide a mailing address for the owner. (owner will manage property) I've since then getting into a small quarrel via text message on ...
Vibhu Arya
4PLEX Property Management Contract: Key things to include?
Hi, I'm looking to engage with reasonable Property Management Companies for my 4PLEX that I'm looking to close soon. To safeguard my self as an owner - what are some of the key things I should for sure have in the co...
Roger R.
Got into contract to sell my NYC place.
I'm a little overwhelmed by this. I just got into contract to sell a small building in NYC. My beginning basis is very low so I'm leaning towards the 10-31 path. This is where it gets real. What markets would ...
Sara Holmes
Hubzu changed bid terms in the actual contract
I won a Hubzu auction that stated that conventional financing, rehab loan, or cash was acceptable, so I made my bid contingent on Conventional Financing at 20% down. They sent an email saying I was the selected bidder...
Deangelo Mccants
Realtor won't contract with me for wholesale deal.
Hello all I need some advice. I'm in Mobile AL I have my first deal under contract. My plan was to buy and flip, but my lender was unable to do the deal so I decided to wholesale. After marketing for about a month a r...
Steve Wilcox
Hap mod section 8 contracts in New Jersey
Hey guys, I am in due diligence on a small apartment building that has a moderate rehab section 8 contract in place, but the original contract has expired years ago, and now they are on a year to year basis. The contr...