Paul Monson
Broker Buyer/Seller Rules and Regulations regarding Investment Property Transactions
I am a licensed broker currently in Sacramento, CA and am unaffiliated with any other brokerage. What are (or where can I find the resources regarding) the rules and regulations (+ best practices/recommendations) for ...
Manik Zaman
Buyer or Seller pays Certificate of Inspection in Cleveland, OH?
We are in the process of working on a deal in Cleveland as out of state buyer. While working on the contract we are asked to pay for the Certificate of Inspection as a buyer. We been told that's the practice.Anybody w...
Shaun Grindle
Questions to ask seller of tenant-occupied multi-family property
I am wanting to do my due diligence on a 5 unit property (a duplex and a triplex on the same property) all of which are filled with tenants. I am wondering if people have suggestions for good questions to ask the sell...
Roger P.
List of questions to ask seller of a Multi-family
Hey folks,
I have a friend with a brother looking to sell his duplex and a tri-plex in the south suburban Cleveland, Ohio area in the very near future.
I told my friend to let his brother know I'd be in...
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,...
Marci Daugherty
Seller Fin. Structure to be able to cash out equity
I have read conflicting information about ability to refinance for cash out or any ability (another creative option?) to obtain equity after being in a promissory note with seller financing (clear title, 25 percent do...
Mal K.
How to structure “subject to existing financing” with a seller?
I realized there are many forums discussing “subject to” and how to structure them. I’m seeking advise/ideas how to make an offer attractive to a seller with a buyer benefiting from set financing. This would be an off...
Casey Ferry
Can you assume a loan in conjunction with seller financing?
Here is the scenario the owner wants 200k for a home. You cant use a 200k conventional loan. He owes 100k on the property......Can you assume his 100k loan and then also do a seller finance for the other 100k?If so wo...
Barry Ratliff
Can seller finance loan terms be extended past balloon date?
I carry the note on single family home that their 3yr balloon term is coming up. They need more time to get qualified to pay off note. Can that note be extended for 1 year at same terms or do i need to "refi" for 1 y...
Jeff Lundeen
How does this 3-different options offer look? (seller financing)
I recall someone talking about sending multiple with different terms. Here's what I created in an attempt to get either a lower price or better payment terms with seller financing.Background: This is an internationa...