All Forum Posts by: Ryan Cleary

I have family that is moving to Philadelphia and purchasing their first house. They are both architects, they have good credit, they are solid buyers. 

They are in contract to purchase a home for $395k (asking $409k), home on the market for 28 days, sellers did not counter their offer. Inspection (they attended) came back overall very positive with two possible red flags. 

Cast iron sewer line came back with cracking and the basement floor had a patch of some serious cracks. We believe the foundation is in good shape besides the one obvious patch. 

The last day of their inspection period, is tomorrow. I want to throw this out to the community to see if anyone would have some local expertise to know if market conditions should warrant a request for seller credit or break the contract. 

Sounds like a fight not worth fighting to me. I would rather spend my mental energy elsewhere rather than on a creepy neighbor lol. 

Can you get creative with landscaping or even some hardscaping?  Let him be able to see his fence line but block his line of sight to the pool.

Alot of successful people here got where they are from the help of others are they understand that giving back is just as important... Abundance mindset! 

Chris, I've been investing for years, pretty active in the community... I almost never see scam accounts on bigger pockets but this just seems like a sad attempt to steal your money.

You will learn so much more from this free community than you ever will from an expensive course. (especially one that would put on this show)

Again, just look at @Ray Hage and @Jay Hinrichs's user stats, they are contributors to this amazing community, save your money, you will learn so much more from biggerpockets, youtube, etc. than you ever will from a paid course. 

@Joshua Christensen This is very helpful!

I am trying to write a cash offer for a property... Heres the situation:

The property currently has tenants, the owner has told the tenants that he is selling the property and they will have to move out.

The tenants asked if they could stay till the end of May.

The already have a place they are moving to, they just can't move in till June 1

Very reasonable, the tenants seem like they will not cause any issues

I would like to hold 10 or 15k in escrow until the tenants move out, I just dont know how to word that on a Florida offer/ contract.

Any help would be great!

Hey Celebra,

@Kim Meredith Hampton and @Adam Bartomeo have excellent advice, better than I can offer! If it was me, I would hold off on any further communication with the tenants to protect myself until I had a clear plan on how I would get these tenants out.

Good luck, let us know how it goes!

I have a property I would like to sell:

-Market value: 450,000

-Purchased in 2020

- Mortgage has $153k left at 4% (conventional)

The market is slowing down a bit and since I no longer would qualify for conventional loans, I am considering offering seller financing to generate some interest and get the best sale price.

I would love some ideas of how to structure this properly. 

To my knowledge, it is better to have a buyer assume the mortgage, I just dont know how the rest of the terms would be.