Paul Z.
When accepting bids from contractors on a rehab do you....
I'm interested to hear from other Rehabbers on how they communicate their budget to contractors. Do you keep your budget to yourself until you collect all your bids? Or do you hint or perhaps even come straight out an...
Cathy S.
New York - seller can accept offer then just back out!
So this is my 5th house purchase in 4 states and 2nd in NY. Apparently although we have an accepted offer, that means nothing in NY. NY is not like other states where there is an actual contract submitted with ...
Mario Morales
Investors, what is an acceptable repayment period & interest rate
I am looking for assistance in buying a multi-unit, basically half the downpayment, I see it as 3 year plan, in which I give you a fixed amount, monthly from the rental income until we refi, about 3 years and give you...
Miguel Bautista
Ideas to get my offer accepted during this seller’s market!
I’m currently looking for a small multifamily in Phoenix, AZ. Every time I make an offer I am unsuccessful to get the property under contract. I’m wonder if anyone has any advise to make my offer stronger or how to fi...
Sam Suitsang
Can seller back out after offer accepted in text message
Hey Everyone,Can seller back out after accepting our offer via text message. Next morning, We sent over the PA which they wanted us to mail. We didn’t hear back in 4 days. When we called, seller told us they decided t...
John Jack R.
Seller won't accept an assignable contract, what do you do?
OK so I've been buying and selling contracts, flips etc. for about three decades and I run into this from time to time. I've developed my mechanisms to get around the non-assignable component. In some instances as in ...
Kyle Marsh
Can you withdraw an offer once it has been accepted
What ways can you withdraw an offer once it has been accepted with minimum penalities? I am just curious if I got an offer accepted, and I later realized that for some reason I am no longer interested in the property,...
Carrie Herrmann
How to find a deal? No contracts have been accepted
I've been putting in quite a few bids on different houses that need work to flip. None have been accepted. Should i be looking elsewhere for deals? Or start bidding a bit higher? How do i get this ball rolling? W...
Marc C.
Syndicators: If you accept IRA/401k money, how do you...
...handle the required Fair Market Value form every year? https://www.theentrustgroup.com/FMV "It is required by the IRS for proper tax reporting.If you are using a third party to evaluate the value of an asset, the v...
James Lusk
Just closed on 4-plex, offer accepted on 12 unit!
Hey everyone. My wife and I just closed on our first 4-plex and in the week after closing, have gotten an offer accepted on a 12 unit in Lakewood. Everyone here was so helpful with our 4-plex analysis so I thought I'd...