All Forum Posts by: Ralph E.

@Mark Brogan @Rachel H. Thanks for your help.

My girlfriend and I found a mobile for sale, where the owner is willing to sell through owner financing. But the seller isn't familiar with how to do it.

Is the anywhere I can find a sales contract to use to buy this mobile home thorugh owner financing, that is legal in Montana.

Can I pay for the forms I need on Rocket lawyer, or find for free on the internet?

I don't know if this will help, but have you heard of 21st Mortgage?

I did a Google search for "collateral loans", also know as "secured loans". I think you should call local banks', credit unions', to see if the do secured loans for the type of assets you have. 

You might have to inventory your items, take quality pictures, etc.

You may be able to contact companies in industries, that are related to the assets you have for sale. Maybe they'd be interested in purchasing some of your assets

Skip pawn shops, unless you are willing to take a loss, because they need to make money too. 

I feel like there are companies you can find on the internet. Liquidity specialist. I am sure I could do more research. 

@Farrukh Amini I just sent you a colleague request. Maybe you can help me figure out how to get into real estate investing.

Hi Arthur. I just read your post. Have you networked with Dave Passey, or heard about him on BP? Benjamin Savage is trying to do some wholesale in Missoula. He might be another colleague of mine, that you might be able to network with. Happy Holidays, and stay safe.

@Aaron K., I sent a message to the real estate agent asking how much of a down payment the seller wants/what the seller wants for monthly payment, how much rent they are receiving, how old the mobile homes are. But, I know there is more I should be asking.

 @Mark Durham Thanks for the information. When you say "Tons of Other Peoples Money sources for Down Payment", are you saying sources found on Bigger Pockets? Can you direct me to the sources of OPM, that might be able to help me? I am trying to figure in my head if it would work, since I would be paying the OPM for down payment back, and also the seller over time.

How would you creatively finance a property that has 4 trailers/mobile homes on almost 10 acres, where seller is offering owner financing with qualifying down payment?

Listing says "Great return on investment. Rural 4 Unit 9.9ac County approved Trailer park. 4 Trailers included. Great income property with land to spare. Seller will carry contract with qualifying down payment.".

Do you know of any low, or no money down ways to aquire a property like this (private money, etc?)? 

I heard years ago "The stupid question is the only one you don't ask". So I'll ask, is there any creative financing strategies that can be used where all, or part of rent payments would go to a private lender, until it could be re-financed.

Hi Chelsea, here is a link to a House Hacking beginner's guide by Brandon Turner of Biggerpockets: https://www.biggerpockets.com/...

Happy Holidays!

@Colby Hager Thank you for sharing Colby! 

Did you learn how to wholesale from a mentor, books, a combination of things?