I've come across a few multi-family properties that are listed as cash only. They list their terms as:
[i]Payment for the full purchase amount plus the closing costs are to be wired within 48 hours of an accepted o...
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It's my understanding that banks prefer offers for cash that can close quickly. In my area it seems that a lot of REOs that are multifamily are going quickly. From what I'm understanding as well Hard Money Lenders w...
Since last year, I was pre-qualified but lost out on offers for two homes, each with over 20 offers. In one instance, I offered $125,000 over the asking price and still lost. Rochester, NY, has become one of the hotte...
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I enjoyed hearing Robyn speak at our REIA in South Jersey on several occasions. I learned so much from her and one of the things I remember is that she gives her potential sellers three offers, but I can't remember t...
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Called the listing agent for a property on 12/29. No call back over the holidays… Understandable. Then days passed… No call back ever. 1/5 I called the company and asked for a new agent to help me view this property. ...
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I'm ready to go out and start wholesaling, but I wanted to know should I get my LLC license first before I make any offers?
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i put a bid on a house that was a traditional sale, which had a listing price of 250,000 and a minimum starting offer of around 210,000. i offered the minimum as it needs alot of work. someone placed a bid of 210,50...
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When putting in an offer on a property, what tactics do you use to get the offer accepted? One suggestion I have heard is that the seller has until the end of the day to decide if your offer is acceptable. This way t...
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Anyone know of any banks or credit unions that offer deposit-only ATM cards to give to tenants? I'm trying to find a bank that offers one with no/low fees and no/low hassle. I've contacted USAA and Langley FCU and t...
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My last few weeks in a nutshell:1. Spot a REO good property on Zillow that is overpriced for local market.2. Call Realtor on website, ask to be shown property.3. Go and tour site, take some photos, ask some questions....