We put in an offer on a REO at the end of May. After two weeks of offers/counter-offers and more counter-offers, someone else puts in a bid. That offer was declined and our 3rd counter-offer was accepted. We sent i...
I have been working on buying a condemned duplex for quite some time now.I've gotten bids from general contractors, a structural engineer's report, etcEverything is set for closing, the lender is ready, I am ready, al...
A common pitch for realtors looking for listings is to declaure they have a large database of “buyers” they will bring those buyers by to see the property, but often zero proof of its existence.. It’s all sales crap. ...
We just purchased a property through a whole seller, not closed yet, but seller has given us permission to start on rehab, but is wanting to occupy the property for 2 months. What paperwork do I need to set up to ensu...
Has anybody been successful in wholesaling real estate in CA in the last 6 months (AFTER the 11/14 C.A.R. Form change)?Since the seller now has to sign the "new" AOAA Form, what if they refuse to allow the assignment?...
Hello all!After marketing for sellers I have quite a few highly motivated sellers lined up in the Volusia and Orange county part of Central Florida. After speaking with my Attorney I am saddened by what she told me a...
Hey guys, I am 19 years old and I currently have a property under contract for $820,000. The ARV is $1.3 million. My issue is, I want to make a $100,000 assignment fee. I already calculated that if the cash buyer buys...
Hello All,We’re going to sell our triple decker in Rhode Island this year and would like to do a 1031 exchange. Can someone explain how the process work step by step. Thank you very much
Hi every one. I have a deal I have been working on since October. Loan is with SunTrust (Freddie Mac). My LLC stepped out of the way to let the end buyer buy directly from the bank. Agent is only getting 3% and my ...
SO... Realtor comped my house as a single level at 1700 sq ft, but its a split level that is a finished basement. Which the appraiser is saying should've been comped way different. So the realtor came up with $215,000...