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I help facilitate a local investor group in Charlotte NC. Many startup investors have a fear about getting properties under contract. I wanted to address these fears.Fear 1. I offered too much.Most purchase agreeme...
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Recently, my husband and I offered to purchase a house in our area. This is not the first house we have purchased . We actually already own ten rental properties. This recent offer has been a nightmare from the get...
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Hi Everyone,In advance, thank you for any insight. I'm currently under contract for a multi-unit that didn't appraise. I'm in analysis paralysis, need peer input! Would you do this deal if you were me???Location: Midw...
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Hi everyone, newbie investor and new to the community. I have been reading a lot about creative finance and I have some questions specifically related to subject-to deals.I understand the big picture - seller for one ...
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How did you purchase your first rent-to-own property? What strategy did you use?
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I'm looking at a property in Nashville, TN that's owned by an out of state owner. The owner has suffered from medical issues and is now declaring bankruptcy. The bank will be foreclosing on the house in 6 days. Is the...
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This may be more appropriate in the REO section but I decided to post it here because there may be relevance beyond that.
I have a contract to purchase a Fannie Mae homepath home. Buyer has accepted but cont...
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I'm thinking about buying a 19-unit building.
What are some of the things that I need to make sure are in the contract that I might not think about?
Thanks,
Michael
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Hey there. We currently have a 2-1 residential property under contract. The property is a rental and has had the current tenants in it for roughly 5 or more years. My question is there is no formal lease in place and...
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I am seeing many post they are waiting on an accepted offer prior to actually seeing the property first hand. How can this be beneficial other than beating another investor to the punch if you will? I have looked at 2...