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All Forum Posts by: Charles Wilson

Charles Wilson has started 24 posts and replied 64 times.

Post: Lenders

Charles WilsonPosted
  • Hearne, TX
  • Posts 68
  • Votes 20

I am new to real estate investing.  Looking for the top five lenders (hard money, private money or banks in Texas that are new investor freindly. That I can contact and fill out applications.  Deals are starting  to come in and need help with funding.

Post: Owner Financing

Charles WilsonPosted
  • Hearne, TX
  • Posts 68
  • Votes 20

Devan and Steve, thanks for the replies. I needed the feed back trying to feel my way through. The terms were considered for someone that wanted to buy in a self directed IRA or a Sol k. Where there has to be a non-recourse loan. The houses are in the $112,000 range. One is in Memphis and the other in Fort Worth. I purchased them in my Sol K. just looking for a better way for passive income.

Post: Owner Financing

Charles WilsonPosted
  • Hearne, TX
  • Posts 68
  • Votes 20

Hello group,  I have two houses that I purchased outright for rental property.  The houses are both rented and have a two year lease.  I am thinking about selling them, with owner financing.  Would like to work with an investor.  And have a loan service handle the note.  Can anyone help with the steps to do this..  The terms I was thinking about are 50%down, 10% interest for 10 years 

Post: Owner Financing

Charles WilsonPosted
  • Hearne, TX
  • Posts 68
  • Votes 20

Hello group,  I have two houses that I purchased outright for rental property.  The houses are both rented and have a two year lease.  I am thinking about selling them, with owner financing.  Would like to work with an investor.  And have a loan service handle the note.  Can anyone help with the steps to do this..  The terms I was thinking about are 50%down, 10% interest for 10 years