Mike Schorah
Only half of wholesale contracts are done by professionals
Does this sound accurate for your market?I’ve been following my local REIA’s Facebook Group for the past 6 months. I went through the previous 3 months of who did how many wholesale contracts. Only half of them were d...
Carter Lance
First house under contract in Tulsa, need plumbing referral
I have my first house under contract and am currently in the middle of inspections. I am looking for recommendations on a good plumber that is reasonable priced. Any referrals for the Tulsa area would be appreciated.
Stan C.
Same attorney representing seller and buyer for a contract?
Can seller's attorney draft a contract for me (the buyer), do title search etc..., for a normal attorney fees from my side? Or must I have my own attorney? The seller's attorney says he can represent both parties. Is...
Todd Bullinger
Who gets the tax benefits in a land contract?
I'm currently in the process of purchasing my business. I'm also purchasing the building on a land contract. My question is when it comes to taxes, who gets the tax benefits of depreciation, etc? The seller or me? ...
Omer H.
Impossible to change method of acquisition when under contract?
Hello BP! My business partner is currently under contract on a property using a loan from a portfolio lender. However, an opportunity has come up where the seller may agree to let my partner "assume" her existing mort...
Gurjot Grewal
Need help, under contract, seller wants non refundable emd
This is my first investment property. I switched lenders after going under contract and they require 40-45 days to close vs 30 days with previous lenders. I ask for an extension, seller says okay but put another 1000 ...
Darius Davis
Analyze: Fix up and sell on 10yr land contract.
Accidentally posted twice. Please refer to post with duplicate title. http://www.biggerpockets.com/forums/88/topics/176357-analyze-fix-up-and-sell-on-10yr-land-contract
Tri Phung
Short sale under contract, flip or hold for rental?
Hey BP family! I have a short sale under contract that I have to close by the end of March. We have the short sale approved for $169,000. It needs about $15,000-$20,000 to get it to marketable condition. ARV will ...
Xeng Thao
Contract for deed...too short of terms...other options?
Hi. I have been finding some contract for deed(CD) properties but the terms are no longer than 5-7 years. Is it possibe to find longer terms if I don't already have an established relationship with these CD persons/en...
Samantha M.
When to give your contract to the end investor?
When you write up a contract I have ready you should write up two copies. One for the seller for their records, so they can sleep at night, and another for yourself to take to the title company.
With that being said...