Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

31
Posts
7
Votes
Paul Holtham
  • Lancaster, NY
7
Votes |
31
Posts

Owner Willing to Hold Mortgage Temporarily

Paul Holtham
  • Lancaster, NY
Posted
Hi Everyone, We have a SFH in the Wny (Buffalo) area that the owner is possible willing to hold the mortgage temporarily (6-12) months. The ARV is around 140k, we offered her 80k in its current condition. She denied our offer since she owes around 77k. But she might be willing to hold the mortgage while we flip it or rehab and refine it for a rental. My question is simple..what is the normal compensation for the owner while they hold the mortgage.

Loading replies...