Contingency Clause

Would like to make an offer on my second inv. property but the funding for the downpayment &misc. costs. wont be available until the heoc funds from the first property close. ( approx. 10 days) How would I writeup the offer? would i use a contingency clause? How much time is allowed?

Comments(4)

  • InActive_Account12th February, 2005

    [ Edited by danjames on Date 02/12/2005 ]

  • InActive_Account12th February, 2005

    throw me a bone please, time is of the essence, thank-you

  • melj14th February, 2005

    Will need more info than what you provided to give you better direction. I buy this kind of thing. Cotact me to get more info 425.670.1192

  • InActive_Account7th February, 2005

    How are you? I invest and broker notes all the time and it can be done on the road, albeit a little tougher than the norm.

    I am assuming that you have a laptop and you can get into courthouse records for certain cities.

    You could always have an ad in certain paers as well and leave your cell number.

    A cell, a laptop, and the desire to work the leaaads when they come in, and this can be done anywhere, anytime.

    A tough way to do it but it can be done. Just have the ad running continuiosly and have buyers for the cash flows when they do come in.

    One more thing: You can do your postcard marketing as well from anywhere and again leave your cell number or a 1-800# that forwards to your cell.

    Hope this helps and the best to you in your note journey!
    [addsig]

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