Iris Burrows
Wholesaling Land: how do I figure the offer to seller?
Hello BP community,I have a seller who has almost a third of an acre of land in a good neighborhood in Atlanta. New builds are in the process of getting permitted right now on the same street. I've never wholesaled la...
Winston A.
Building Basis - "Adjustments for Items unpaid by seller" on HUD
I am trying to calculate my building basis for tax purposes.
Can I add the items under the heading "Adjustments for items unpaid by seller" on my HUD statement? Specifically, "County taxes" on line numbers 211? Thi...
Rob Simpson
Owner Finance, Seller Carry-backs - How it Affects My Mortgage
Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.
NOTE FROM MO...
Pam N.
Motivated Sellers on the MLS - would you make an offer?
I did a search on the MLS for active listings that had the word "motivated" in the description and I was surprised to see there is a lot on there, quite a few have been sitting on there for a while. I know that likely...
Jeffrey Monahan
What will it take for a motivated seller to sell!
Ok so I have a couple of questions pertaining to wholesaling properties. Once I analyze a property and decide that I want to make an offer... What if my offer is less then what the seller owes on the property? Can th...
Frank S.
Can you get seller concessions on an FHA 203K loan?
Can you get seller concessions on an FHA 203K loan?It is a fannie mae property and I need to put down 13.5% because I am using a grant. The home is $65k + $5k in rehab, it doesnt need that much work.The problem is tha...
Gary O'Connor
What's the best strategy when seller is "free & clear"...
...but seller not offering much seller financingSeller is selling two small, joined retail, main-roadway frontage units, one rented and one not. PLUS a small 1 Be, 1 Ba house at the back, which is Section 8. Total...
Varun Atawane
Can I call a seller directly without the agent involved?
Reading and listening to creative financing strategies. The general undertone for almost all strategies is to get on a call/conversation with the seller and explain to them how the buyer and seller can work together t...
Eléne Ray
Seller's Tenant Refuses to Move Out - 4 Days Before Closing!
Hi All,Found myself in a crazy situation - would greatly appreciate any practical advice. I am buying a 2 family in Medway, MA. The closing is scheduled for Monday, November 14. The house, as specified in P&S, is ...
Brooke T.
Investor to Investor Deal : No SPDS w/ Obvious Seller Repairs
Good Afternoon, So I'm coming up on the end of my inspection period and struggling a little bit to wrap my head around a few things that have been recently uncovered; and would very much appreciate any opinions and ad...