All Forum Posts by: Jerry M.

thanks keep it coming 

Thank you for your input. She will be putting 10% down. What kind of offers could I expect 60 pp k 6k down 12% interest amortized for 30 due in 10. Is what I was looking at doing. Like I said this is all new to me so i may be way off with the terms. 

Hi all,

 I have a tenant that would like to purchase a home I have free and clear. Her credit score is lacking high 580's but she has been the best tenant you could image. I would have no problem selling it to her and keeping the note but I am selling off my properties to purchase something larger. So my question is how should I structure the note to sell it as a newly originated note and get top dollar??

Thanks in advance

My wife is hosting a Home Buying seminar in Bier Creek, NC on August the 8th from 11:00am - 12:30pm. More information below!!

Purchasing your first home or investment property is one of the biggest decisions you will make. Join us to learn more about the home buying process!

Come to learn about...
-How much home you can afford
-Buying VS Renting
-Financing options and the loan process
-How a Realtor can help
-Finding the right home for you
-Making an offer
-What to expect from contract to closing
And so much more...
...
Giveaways and light refreshments will be provided!

Seating is limited so please RSVP to [email protected] or follow the facebook link below.

https://www.facebook.com/events/1636020473281558/

@Melissa Johnson Hi welcome

sweet 

Thanks @James Wise 

Purchased a 3 bed 1 bath home for 25k. Closing cost 500.00 repairs bath faucet new toilet valve and light fixture. Currently rented for $650.00. Less then 1 week to rent.  

i would charge her one time OK I can deal with that but twice she would pay or get evicted.

ned hit the nail on the head.