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All Forum Posts by: Rick Oaks

Rick Oaks has started 29 posts and replied 64 times.

Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

I’m the seller 

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Wage Garnishment

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

What is the minimum amount you would go after to make it worth your time? 

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Wage Garnishment

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

What is the minimum amount you would go after to make it worth your time? 

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

30 yr amortization 

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10
Quote from @Joe Villeneuve:
Quote from @Rick Oaks:

Yes. Free and clear 

Then I'd go with seller financing every time...depending on the terms I set.

 
best terms I could get from buyer is 

6% 7 yr balloon.  400k down 


0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

best terms I could get from buyer was 

6%   7 yr balloon   $400k down 

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10
Quote from @Chris Seveney:

@Rick Oaks

If you are the seller take the cash. You then control your money. If you finance and the borrower goes delinquent then you will have to deal with that.

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

Yes. Free and clear 

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

Thank you ! 

0 Votes
Creative Real Estate Financing

Post: Owner financing vs all cash offer

Rick OaksPosted
  • Investor
  • Ridgeley, WV
  • Posts 64
  • Votes 10

Joe. Sorry. I did not mention that I am the seller. Thx 

0 Votes