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  1. lwhitefoot

    Looking for advice how to structure deal - Seller has lost job and looking to sell property

    Hi Brad, I wondered also about the evaluation done on the property. I don't believe it was a professional appraisal. There was no inspection report. I was attracted to the deal to come up with a solution that would work for the seller and to make a slight profit on a tenant locator fee...
  2. lwhitefoot

    Looking for advice how to structure deal - Seller has lost job and looking to sell property

    Hi Thomas, I ran it by him on the idea of carrying a mortgage and his words were, 'He can't afford the mortgage he's got.' He is concerned that if he was to refinance, the bank would turn him down without a working income. If he was to agree to your suggestion of refinancing and pulling out a...
  3. lwhitefoot

    Looking for advice how to structure deal - Seller has lost job and looking to sell property

    Came across this seller by making hard calls to FSBO ads. Seller owns duplex and currently listed FSBO for $278,000. Seller has lost job and has no money. EI may run out in 2 months. Seller is living on main floor of duplex and rents out the top apartment for $625.00 all inclusive. Seller...
  4. lwhitefoot

    Very little equity in house, will have to pay mortgage fees and just listed with a realtor.

    Hi, just ran into a friend who needs to sell large house - marriage breakdown, very little equity in house, will have to pay a hefty mortgage cancellation fee, house needs some work. Originally she listed private but has just signed up with a realtor. Has anyone done a quick turn deal with a...
  5. lwhitefoot

    Deal-Ready Documents Focus Workshop - Present Quickturn deals with confidence and clarity!

    Hi Barry, just as Adam mentioned, would like to take your course here in Ontario. Linda
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