All Forum Posts by: Mark Welp

Chris, that makes sense.  Thanks!

Quick question...I am Ohio and connecting with private lenders to assist me in funding my next deal.

If the purchase and transaction is with a real estate agent and you have a private lender for your loan, is that considered a "cash" purchase in terms of the real estate contract and telling the seller, or is that still considered financing?  In Ohio, on the Real Estate Purchase Contract, you have to check a box as the purchaser if you are doing "cash" or "financing"?

Thanks!

James,

I would be interested in learning about the property above on Goller.  I will try sending you a PM.

Thanks

Quick Question on Subject too...I understand all of the positives and negatives...But in terms of the actual process, if a buyer takes over the existing loan of the seller, does the buyer actually write checks to the bank for the mortgage, or just write checks to the seller who then pays the bank?

Thanks,

Hello,

I am looking into NuView IRA and opening up a self directed IRA with them. They are based in Florida. Have people had good experience with them? Thanks for the feedback.