John Castolene
is seller finance on a 1.1 mil rental possible
id like to purchase a property with good cash flow but would like to seller finance, is this possible?
Blake Alexander
Historic Home w/ Tax Lien and Possible Seller Financing
Hey BP! I have a unique opportunity — my parents own a home in a National Historic Registry site. The house has a lot of deferred maintenance and now has a tax lien. I know it's worth significantly more with some work...
Andrew Yu
Why Buyer Asks Seller to Put Money in Escrow
I'm currently selling a property FSBO. After inspection, I got a list of things needing repair. Buyer's agent without asking me whether I wanted to do repairs myself or do price reduction. She just sent me a repair ad...
Matt Liu
Sellers says he "paid more" than tax record shows
I am looking at a 15-unit in a flat market area (Rochester, NY) and the seller is saying he paid 320k when the tax records show 290k. He says he "paid 30k additional outside of closing". Can I ask him to prove it s...
Samantha Klein
Closing in a few days, seller won't provide lease
I am very concerned as the duplex I am closing on May 2nd has a tenant with a 1 year lease just signed a month ago but the seller won't provide the actual lease, and in the purchase agreement, the condition was to pro...
Rashaun Townsend
Most Effective And Easiest Way To Find Deals/Sellers?
Hello BP.So what happens when you find buyers but don't have anything to sell them?What are some ways to find good deals fast so you don't sound flaky and lose the buyer(s) trust?
Robert Walden
Seller Take-back of Renovation Costs in Bridge Loan
I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
Clint Barrett
General business insurance needed for Seller Financing Mobile Homes?
Hi everyone,I'm really trying to learn as much as I can about flipping mobile homes in parks, John Fedro style. I think his strategy would work for me as a low capital, low risk way to get started in real estate. I ...
Pamela Rickey
Why are sellers willing to sign options with wholesalers?
I just finished reading Mark Evan's book on Virtual Real Estate Investing (i.e. wholesaling) and am am puzzled about one thing. Mr. Evan talks about having a homeowner sign an option agreement, preferably for three ye...
John Thaxton
Screening motivated sellers by throwing out a price range
I have noticed that often people calling in response to my letters will not have a great idea of how much they want for the house. Sometimes I can work with them for a bit on the phone and get them to suggest a marke...