All Forum Posts by: Brian Gibbons

Jennifer it's important you understand that when you were buying on terms the seller is trusting you to do a good job and worst-case scenario he feels protected

Probably the best thing for you to do is to go down to the title company and talk to the manager and say that 

youd like to open up escrow,  and in case there's a default on an arrangement with the note, the property is  returned, as a warranty deed held in escrow, etc.

if you operate in California and live in California you need an entity in California

BP Tax folks

@Bill Walston

@Steven Hamilton II

@Jennifer Jesse

@James Rey

When I buy on subject to existing financing and a note or no note, or a wrap, I offer to put a deed in escrow that says

if for some reason I don't pay on time, say 60 days or more, they get the properties back without a foreclosure

When the first things I do in Sacramento is going to every single title company I could find and talk with their manager about AITDs, sub to, land trusts, private first mortgages, etc.

Vetting attorneys meaning asking questions and making sure that they do not cost you tens of thousands of dollars while they are learning what you're talking about is important.

Good luck!

Pm me

@Steve Vaughan

You and I are made of the same cloth as far as being a problem solver and thinking outside the box when we're dealing with sellers

I would rather buy own terms than put 20% down any do the week

I would rather do a joint venture with the seller and get a better result, tan do the retailing 70 per cent of ARV any day of the week

Biggerpockets is a better place for Steve Vaughn as an advisor :)

@Tyler Blackwell you should contact @Steve Vaughan

He's awesome in wa state

Instead of buying a 20% down you can be a real estate operator and learn how to buy and subject to a wraparound mortgages or do lease-option assignments

There is low inventory homes for sale right now and if you went after expired listings that generally were over priced on the listing, you can help the home seller sell on terms like lease to own.

Pm me if I can help.

Hi @Gavin S.

Welcome to Bp 

if I can ever help you with creative financing please pm me

Best of luck!

@Jerry Puckett

@Dev Horn

@Michael Quarles

This particular post on marketing and what list to use and how many times to mail out to that list and what kind of piece to mail out seems to be right up you guys' alley