All Forum Posts by: Jeffrey S.

Has anyone heard of Kris Krohn and his "compassionate financing"? He does lease options with no set price. The price is determined at the time of execution of the option based upon an appraisal. In addition, he works in "equity" by crediting the option payment and a portion of the monthly rent off of the purchase price (appraisal). How can this work given the warnings above?

Good to know. Thank you!

I apologize if there is already a similar post regarding this topic. I did a cursory search and did not see anything on point. I am wondering how investors obtain multiple mortgages for all of their properties (i.e. 50 to 100 or more). Do banks, credit unions, or the like balk when they realize you already have 50 or more mortgages on other properties? Or is this where a 1031 exchange is used to sell some properties for ones with more units (i.e. apartment buildings)? I realize these may be 2 separate questions and I apologize for that. Any help is appreciated. Thank you.

Great ideas. Thank you.

How do you calculate / predict rehab costs on an occupied foreclosure when you have no access to the property until after the sale? I am finding so many occupied properties that cannot be accessed. Do you just walk away from these? Please advise. Thank you in advance.