Ty Schuman
Earnest Deposit Help
Hey Guys,I have ran into a bit of a situation, I am under contract for purchasing to REO Foreclosures from Fannie Mae. One home I purchased for $230,400 + Closing cost and redfin values the home at $400k and the other...
Megan Elliott
Considering to Offer Tenant Seller Financing
My tenant of four years recently mentioned she is interested in purchasing the home. While I wasn't planning on selling, the offer has made me consider seller financing - I own the home outright under my LLC. I am new...
Darrell Cole
Multi family versus single family rentals
Hello bp, I am wanting to convince my partner to step up and go multi family rentals rather than continuing to acquire sf rentals. I think in my mind its the obvious step in an upward progression but I have yet to win...
James Stayton
To roof or not to roof, that is the question
I am selling my rental house in California to purchase one in Tn ( Goal is multi-family ) and it failed the roof inspection. In all fairness to the roof, its been 20 years so I got my money's worth. It's about 18k for...
Alex Tobias
Why sell to an off market buyer?
(Not enough characters in title)My real question is:Why would a seller want to sell directly to a buyer than through a listing broker?It's not like I don't have a clue about this, but I'm curious for others opinions. ...
Brandon Sturgill
Critique My Wholesale Purchase Agreement....Please...
SALES AND PURCHASE AGREEMENTDate: / / I / We will give for the following described property located in (NAME) County, in the state of (STATE), and legally known as: (INSE...
Brad Hammond
Why isn't my 5-plex selling?
I have a 5-plex that has been for sale since late May and I've gotten very little interest in it. Am I being too optimistic that it would sell in a couple of months or is there something I'm not seeing? The cap rate...
Brian Feltz
Contract Negotiations
I just received a counter offer back for a duplex I plan to wholesale. The seller wants me to change responsibility of title insurance from "seller" to "buyer" (ok, sure). Include terms of financing I am seeking (I ...
Kimberlee Everson
Financing Options?
I have a question regarding financing options for my situation.Facts:
Own my personal residence free and clear.Have enough in savings to pay cash for one single family rental if I choose. Excellent credit.No debt of ...
Marjo Naci
To be sure : wholesaling steps
Just to be sure , are these steps to wholesale real estate :1. Find a deal2. Sign "Purchase and Sale Agreement " with the seller3. Find a cash buyer4. Sign "Assignment of Contract Agreement " with the end buyer5. Send...