Question 1

What does Solus Investments do?

Accepted Answer

Solus Investments is a residential real estate investment and acquisitions business. We identify residential properties that may be suitable investment opportunities, work directly with property owners to evaluate potential transactions, and negotiate purchase agreements where there is a mutual fit. Depending on the transaction, we may purchase a property directly or assign our contractual interest in a purchase agreement to another investor where legally permitted. The structure of each transaction is explained and documented in writing.

Question 2

Do you purchase properties in their current condition?

Accepted Answer

We evaluate properties in their current, as-is condition and factor known repairs into our review. Whether a particular property is a fit — and on what terms — depends on the results of our evaluation and due diligence.

Question 3

Am I obligated to accept an offer?

Accepted Answer

No. Submitting property information is not a commitment of any kind. If we present proposed terms, you are free to accept, negotiate, or decline. You may also choose to have an attorney or real estate agent review any agreement before signing.

Question 4

How is an offer determined?

Accepted Answer

Proposed terms are based on factors such as the property’s location, condition, estimated repair costs, comparable sales, current market conditions, holding and transaction costs, and the results of due diligence. Every property is different, so we do not publish fixed formulas or promise a specific price.

Question 5

Do I need to make repairs?

Accepted Answer

Generally, no. We review properties as they are, and anticipated repairs are part of our evaluation. Any repair-related terms would be stated in the written agreement.

Question 6

How long does the process take?

Accepted Answer

It varies. Timing depends on the property, the completeness of the information provided, due diligence, title work, the transaction structure, and any legal or lender requirements. We will discuss realistic timing for your specific situation rather than promising a closing date in advance.

Question 7

Are there any fees?

Accepted Answer

There is no charge to submit your property for review. Closing costs, prorations, and who pays them are negotiated and stated in the written purchase agreement and closing statement. Please review those documents carefully — and with an advisor if you wish — before signing.

Question 8

Do you purchase properties directly?

Accepted Answer

In some transactions we may be the purchaser. In others, we may assign our contractual interest in the purchase agreement to another investor, who would then complete the purchase. The purchase agreement will identify the buyer and state whether the contract may be assigned, and any required disclosures will be included in the transaction documents.

Question 9

Can a purchase agreement be assigned to another investor?

Accepted Answer

Where the agreement allows it and applicable law permits, the buyer’s rights under a purchase agreement may be assigned to another investor. Some states impose specific disclosure, licensing, or consent requirements on assignments. We disclose our intent and the nature of our interest in writing, consistent with the requirements of the state where the property is located.

Question 10

What happens after signing an agreement?

Accepted Answer

After a purchase agreement is signed, the transaction typically moves into due diligence and title work. An independent title company or closing attorney opens escrow, reviews title, and prepares closing documents. You will receive documents for review before closing, and funds are disbursed through the closing agent at closing.

Question 11

Do you work with real estate agents?

Accepted Answer

Yes. If you are working with a licensed real estate agent, we are happy to communicate through them. Agents representing sellers or buyers are welcome to contact us directly through the contact page.

Question 12

Which states do you operate in?

Accepted Answer

We review residential opportunities across the United States, subject to the laws of each state. Real estate, licensing, and wholesaling rules vary by state, and some transactions or structures may not be available everywhere. When you submit a property, we will confirm whether we are able to evaluate it in that location.

Straight answers to common questions.

Considering Selling Your Property?

Straight answers to common questions.

Questions and answers

01What does Solus Investments do?

02Do you purchase properties in their current condition?

03Am I obligated to accept an offer?

04How is an offer determined?

05Do I need to make repairs?

06How long does the process take?

07Are there any fees?

08Do you purchase properties directly?

09Can a purchase agreement be assigned to another investor?

10What happens after signing an agreement?

11Do you work with real estate agents?

12Which states do you operate in?

Considering Selling Your Property?