Contracts and Offers

Do I spell out to the owner what my offer is based on? For example: Would I tell him AFV, less 30% depreciation, less est repairs, less my fee, etc.

Or do I just say....Bam! this is my offer.

Thanks in advance for assistance.

Linda

Does anybody know what contract I should use that will give me the right to market a house but still allow the owner to continue to market it as well?
Here's the deal:
The owner (a friend of mine)has it listed with an agent for $188k but is willing to sell it to me for what is owed - $148k. It comps at $171k.
I was looking at doing a lease option or subject-to deal until I found out that the monthly note is $1213.00 and I would only be able to rent it for $1200 - $1250 at the most. That is not enough to cover my costs and still make a profit.

Would you put an offer in on a property that has leased land? We came across a property that is by the water. The house is in great condition. It is for up for sale at $75,000. The surrounding houses are 2 million dollar homes. This little house is the eye sore of the neighborhood. I am worried about a buyer not wanting to mess with leased land. The lease is $10,000 per year. The fix up here would be to either knock the house down and build a mansion or add on to the little house to make it a mansion.

What do you think? I really can't get into another property where not one buyer will touch it. I'll lose my mind! LOL

i know this might sound stupid but could help me out with assinments contract and lease options if you pm me i could give you my fax# or e mail i was hopeing to have them both filled out so i can under stand it i know i cant be the only one who needs this or ill whach this post so others who need the info can get it thank you in advance o also in assing do you use 2 contracts if so could you show them to

I was reading that private placement memorandums costs.

Can this be done?

My neighbor is an elderly lady with end stage alzheimers. Her heirs want to sell her house, one son has power of attorney. Can this house be sold? She does not live in it any more. what problems can arise?

This bit of info comes from http://fastinvestormoney.com/fee-schedule/ :

"For years, real estate entrepreneurs enjoyed the benefits of simultaneous closings, where investor “B” had a “quick flip” deal of some sort, and could simply close both transactions (A-to-B and B-to-C) back-to-back with “C’s” money flowing through to fund the entire transaction. (i.e. a “dry closing”)"...."While this practice is not illegal, due to intense scrutiny from State and Federal regulators title companies are no longer allowing simultaneous closings. They’re now requiring that the first closing “stand alone” with Investor “B” bringing their own funds to the closing table. (i.e. a “wet” closing”)"

Happy Saturday every one today I have a question and every answer will be greatly appreciated .
I have a client that do not quality for a conventional loan from a bank (credit score is too low) so I got to work on trying to find a property that could be owner financed and I need to know what contract to use to make sure I get payed, I'm planing on assign the property to him and not buy it my self.
Again any suggestions are well appreciated
Have wonderful weekend.

I am a rookie student that bought Deans book two days ago but have not received it yet. Long story short, I have a friend at work that has given me the opportunity to find a buyer for him, but has a real estate agent. His house has been on the market for 7 months and is willing to do whatever it takes to sell his home. WHAT DO I DO WITH THIS OPPORTUNITY?

I'm very confused as to which forms are needed to use if I find a property and would like to assign it to another investor or seller and in what order. Also what's the difference between an IEE and as Assignment? Can someone help, please!! I am a newbie, but very determined to be one of Dean's success stories.