All Forum Posts by: Joe Homs

@Arron Paulino you can find some great information online (youtube) from Pace Morby on this subject.  In a subject to transaction the buyer is taking over the responsibility of the seller loan without the lender knowing about it.  If you do it correctly and have the correct paperwork its a great way to buy property with little or no money down.

Seller financing is the "Seller" acting as the bank with their equity and loaning the buyer that amount of money for a negotiated period of time.  This is also a great way to buy property for a longer term.

You should do your research first.

Good Investing...

@Rochelle Gerber yes about ten years ago and never looked back.  It's been wonderful.  Reach out to @Dmitriy Fomichenko who has the best options out there.

Good Investing...

@Stephanie Lopez again I would start out at the local meetup this month.  There are plenty of things you can do in California with or without money.  Learn how to wholesale properties, take homes subject-to, use your license to help others, etc.

Good Investing...

@Stephanie Lopez welcome to BP in the OC!  Check out this local meet-up group in your area.  

OCREIN - Unlock Your Real Estate Success: Stand Up and Connect!

Good Investing...

@Jeffrey Mair I would keep your rentals forever, especially that they are cash flowing.  Look into seller financing or subject to properties in the area that you want to purchase.  You may be able to find a home that fits your needs.  Speak with a local Realtor who knows the market, but also is knowledgeable about creative financing options.

Good Investing...

@Maggie Hanner welcome to BP in the OC.  Check out some local meetups.  I am finishing up a flip in Laguns Hill and Mission Viejo now.

Good Investing...

I'm in, just let me know where?  Arriving today.

@Jeffrey Magenes i will do it for free.  Just post or reach out.

Good investing...

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@Andrew Jessup I would suggest going into a land trust first that is owned by the LLC (not in California) and then that owned by your living trust. Assest and liability protection. Look at some YouTube videos by Anderson Business Advisors.

I am not an attorney, CPA, only a long-time investor.  Please check with your professionals.

Good Investing...