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All Forum Posts by: Melissa F.

Melissa F. has started 3 posts and replied 12 times.

Post: Subject to and Land Trust

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5
Hi John- yes, we are going to talk to him tomorrow. Just seeking advice from my BP community ;)

Post: Subject to and Land Trust

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5
Hi BP! I am currently working on a deal to acquire a home by use of Subject to and a land trust. Does anyone have any advice of doing one in the State of Md?! Thank you in advance.

Post: Tenants are requesting I fix microwave

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

Just my own two cents. If the microwave was in the home prior to them moving in, and it was provided by you then it would fall to you to fix/replace. But of course if they brought it themselves, then no it is there responsibility to fix/replace.

Post: Seller Financing and Questions!!

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

Hi, All who are following this thread waiting for an update. I had a conference with the seller (he lives out of state) and basically he stated

He does not want any money down, he just basically wants his mortgage payments paid and the house taken care of. So we mentioned the subject to. 

He said that sounded like a plan, and I was to provide him with the due diligence list but he never signed the LOI or signed an agreement.

What shall I do now?!

Post: Seller Financing and Questions!!

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

LOL- Thank you all for the advice about the calculator. But just to be clear I didn't omit the interest because I couldn't compute it, it just completely escaped me while I was thinking of what to offer the seller and the terms. 

But to update everyone! I have a conference with him this evening. He wants to discuss the terms. Which I am completely comfortable with. 

I will let you all know how it all turns out.

Post: Hello! I'm a Real Estate Investor in Maryland

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

@Nathan Foust Welcome Nathan! You have come to the right place! 

Post: Seller Financing and Questions!!

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

@Chris M-Thank you for the picture!

Post: New Investor in Maryland

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

Hi @Brett Snodgrass I looked at your website and I must say I love how genuine you are, and it comes through in your videos published. I am usually a great judge of character :) Thank you for the kinds words!

Post: Seller Financing and Questions!!

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

@Julie Haveman- Oh goodness!  I cannot believe I completely overlooked that. Well the letter of intent is just to spur negotiation, we shall knows what comes of it by morning.

Post: New member from Maryland

Melissa F.Posted
  • Real Estate Investor
  • Bryans Road, MD
  • Posts 15
  • Votes 5

Hi Christopher! Welcome to BP!