Sam S.
I want to make 2 offers - Cash & Seller Finance
ARV is $115k-$130k Rent in current condition is about $850 / mo. plus utilitiesTaxes $200/mo and estimate insurance at $60 / mo. Property is 2BR ranch on street with many small ranches. Nice area and well maintained...
Gary Alford
Should I Target mutliple property owners as sellers or buyers?
Whats up BP, It has been a while since I posted and while compiling my weekly list of evictions to mail this weeks marketing to I thought it would be nice to know how others handle this. So through the court records I...
Terrance Merck
What to do when seller's home is headed to foreclosure?
i finally made contact with my first seller. She called back from yellow letter. She informed that house is scheduled for foreclosure by the end of the month. She is unsure of all of what is needed and will follow u...
Terrance Merck
What to do when seller's home is headed to foreclosure?
i finally made contact with my first seller. She called back from yellow letter. She informed that house is scheduled for foreclosure by the end of the month. She is unsure of all of what is needed and will follow u...
Shaun Stephens
Buying owner financed property where seller has line of credit
I am purchasing a property that is financed by the seller, both parties are investors. They have a line of credit attached to this property. What is the safest bet for me? Is it to have them put it into a trust and tr...
Shaka Farrier
How do I negotiate this duplex without scaring seller away
Hey BP, Ive finally found a small multifamily here in the Hampton Roads area Virginia. It's a small duplex built in 1953 that is in very good shape. I plan utilizing my VA loan and owner occupying for the required yea...
Eric Turner
Tax Implications for Seller; duplex sale subject to current loan
I have a client selling a duplex. He bought the property for about $100K 15 yrs ago and refinanced the deal, pulling cash out about 10 years ago for $325K. So his basis is very low.We have an offer on the property f...
Rose Dakin
buying out my sister's share in a 4plex - seller financing?
Hi there - thought i would ask the bigger pockets community in case there is someone who has done this before - I own a 4plex with my sister and ex-brother-in-law. they want out, so I want to buy their shares. they ea...
Jimmy Chou
What happens when seller signs multiple contracts? Is that fraud?
Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
Pooja Gupta
Seller Tenant stay in home for 15 days after closing.
We close a deal for a house on agreement that seller tenant can stay in house for 15 days after closing. We ask our agent and he told us we will be getting rent for 15 days. Now, the seller is not giving us rent for 1...