Deal Ready To Close - Need Help
I have a property under contract for 30K I have a buyer lined up for 35K. I would like to either assign the contract or do a double close.
Can some please send me hard money lender who has a title company that understands simultaneous closings.
I am in the Atlanta area
Thanks for the info.
I am having a hard time finding a lender or title company that feels comfortable doing double closings.
The buyer has credit and downpayment.
Any help!
Ok I found a cash buyer signed a purchase & sale agreement for a cash offer of 35K.
They want the property and already want to stick a for rent sign out in front of the house.
Onto closing. How does this work. What is the paperwork I need to draw up. Any attorneys in Atlanta that can faciliate double closings with cash?
PM sent.
I just went to the Atlanta one the other week, people paid a lot more than it was previously listed in the MLS service. Obviously these people never looked at the properties, because many were in war zones. I visited some of these properties, and I refused to leave my car, even with my .40 on my hip.
Yes, you needed to show a $5K cashiers check to get admitance.
Yes, you needed to show a $5K cashiers check to get admitance.
interested in houton note call me asap 443-804-3438 maurice (private note investor)
I am looking for some privately held notes to buy. Send me an email to **Please See My Profile** You have several listed that I can probably act on now.
rj
I am very interested in the the 1st mortgage notes you have, please give me a call at 478-957-5623.
rj
Im interested in your privately owned noted (between seller and buyer). PLEASE ***PM me-because posting contact information is prohibited on this site**** with any available notes. My name is Gary.[ Edited by ypochris on Date 06/02/2008 ]
Would it be easier/possible to finance them individually rather than trying to get a blanket mortgage for the whole deal?
Chris
No cash, no credit, no assets, no deal. You have to have something to offer a lender.
You have two options if this is the case- either bird dog it to another investor if it really is such a great deal, and be happy with a couple thousand dollars, or else find someone with good credit to partner with and give them half the profits for using their credit.
Well, there may be other options like borrowing from family, but those are the ones that occur to me.
Chris
Have you asked the owner if he will finance the sale?
Chris
If you can get 165k, forget about giving it to someone else. Buy it and make the money yourself.
You already got your answer here:
http://www.thecreativeinvestor.com/ViewTopic62149-18.html