Dave Godfrey
What gets reported as income on a Seller Finance de
Hi everyone!On a seller finance deal, what does the seller report as income? Is it upon the sale of a property... or is it on a Cash basis, that is, only when cash is actually received?For example:Purchase Price: $1...
Andrew Michaud
6 unit in a B - Class area. Seller wants $265k
I am looking into buying this 6 unit apartment. Interior and exterior fully updated, important items such as heating, roof, etc updated. Fully turn-key. It produces 56k Annual Gross Income and after expenses makes 38k...
Eric Gamble
[Calc Review] Help me analyze this deal (Seller Motivated FSBO)
View report*This link comes directly from our calculators, based on information input by the member who posted.
Zach J. Arsenault
Advice on maximizing an assignment fee w/o offending seller?
Inquiring about creative ways to maximize an assignment fee while wholesaling a deal. My objective is to avoid offending the seller and the buyer with the amount of my assignment fee. Would you recommend transactional...
Raden Mantuano
Offer accepted for my first seller financed deal! Now what?
So a seller and I have come to an agreement on terms on a property and I literally had to raise funds from family to obtain the down payment. Now that I have the EMD down payment. I just realized there are closing cos...
Andy Milby
Seller Backing Out 2 Days Before Contract Expires at Closing
Long story short, the seller has signed the contracts and all addendum's. I get to the closing table last night and sign all the paperwork and get an email from the seller stating he is backing out of the deal. Fina...
Ryan Ellis
Seller financing question what to do now? Payment is overdue.
Hello BP!
I did seller financing for the first time on a property I inherited. I sold the property for 18k and the borrower owes about 12k. The property is in AK and I lIve out of state.
The borrower has been gettin...
Bryan Martin
Looking at First Multi Family Rental- What to Ask Seller
Hi everyone,
Been researching for a long time between podcasts and reading books, but finally jumping in tomorrow and going to see my first property. It's two four plexes on one lot. Going to see the three vacant u...
Tyler Barranger
Looking to refer a seller in the Arlington TX area.
Hello,I have a client that needs to get his house on the market in the Arlington Texas area and need a licensed agent to list his home ASAP, would be a 50/50 split due to received client from another referral agency. ...
Brandon McCadney
Wholesaling: Convincing seller to work with you versus an agent
Hey BP fam! I just had a very successful cold call today with a lot of potential. I'm still fairly new to the process and I just started making calls last week. To make a long story short, the seller is definitely mot...