Account Closed
NPN Notes for sale
I have a seller who has invested in REO's and has 4 NPN notes he wants me to sell. These are all closing escrow within the next 2 weeks.
NPN is not my normal business so I'm a bit unsure as to how this works. Typical...
Tony Eschete
Marketing Services in San Antonio
Hey BP just wanted to get some opinions on an offer I received for marketing services. Basically the company sells leads to you that are received from there direct marketing. The way it was explained, the large bene...
Kasi V Thiagarajan
PURCHASE CONTRACT AND ESCROW INSTRUCTIONS - Any downsides
Hello fellow investors,I recently listed my property on Zillow as FOR SALE BY OWNER. Within days, I received several calls and emails with offers to buy under PURCHASE CONTRACT AND ESCROW INSTRUCTIONS. They sent me a ...
Kyle Carter
Negotiating Favorable Terms
Hello BiggerPockets community!Does anyone have any tips in regards to negotiating favorable terms in a deal?
Jared Kluver
Subject-To Newbie Question
Hello Community Members,
I understand the basics of a Subject-To deal (taking over the existing mortgage in place). I picked up some learning materials and it said one of the first things to do in real estate invest...
David Ellis
Replacement Property bought at less than sold property
I have another scenario to discuss. Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary. So here is the scenario:Sold Property for $85,500, original purchase price was...
Marcos Carbi
What should I do about my insurance situation?
Hey all,I just got my first offer accepted on a 2003 duplex in Lehigh Acres, FL, and I couldn't be more excited! Unfortunately, the roof hasn't been replaced since, so insurance companies either 1) don't want to insur...
Adrien Gael
Closing issues from buyer. 5 months delay. CRE financing
Good afternoon,I received an offer on 4 units in March. Buyer already purchased 100 units in the same complex 2 years ago. He really wanted my units because he wanted all the complex under his management so I decided ...
Allen Nelson
Cash out question
We are working on closing a deal on our second property. This has been a roller coaster ride thus far. We are getting the home from a friend. Purchase price $100,000. They have allowed us to go in and rehab prior to c...
Peter Lee
Best way to purchase single family houses before they hit MLS?
My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...