All Forum Posts by: Westen Barnes

if I wanted a property to hold and had the owner subject to the property to me but needed to be off the loan with in two years for other purposes but but the property makes for good money later but the Note is to high to buy, my question is in this situation is it better to just pass or is this a good if at all possible option?

yes, is that a wise move?

thanks guys I appreciate it. I definitely will check out @Bill Gulley link thanks Jared.

And I'm definitely going to keep my eyes open for quicksand, you know as well George like trucking its all about the end game and that's what brought me to REI and biggerpockets, every one thus far have been a big help with either answer's or pointing me in the right direction thsnks again.

I hope to do the same for others.

"When the cup over flow's fill another's"

I'm interested in finding out about the same question..

Hi, I would like to know if I'm up a creek on this position.

I would like to get one or to property's for some long term profit. Around my area its a salers market with quite a few Forcloser so I want to cash in on the renters but need to know if there's other options other then conventional linder?

Still is there some where to look that private money lenders gather or network from ect.biggerpockets. I would really like to go private than hardmoney but this aspect of REI is new to me but is the next step to learn and have to acquire.

I would have to agree with Priscilla Z.

I'm at that point where I have potential deals but afraid of getting them under contract becous I don't have any one lined up especially a lender but I've been really trying to break away from those worries because I know they are just going to hold me back and dela making money

need good advice, this is the situation ready!!

Couple Own's a small business that they live above and plan to refinance there business loan in two years, now this is my part I can't figure out 

They bought a house 05' for way to much still owe quit a bit on the note, they want to get it sold before they refinance there business loan. He has lested multiple times, nothing to high! So he just wants the note paid off and it sits at market value, nothing I can do with that unless I leas with option to buy in two/three years or 'subject to' with same time frame so I can get the not down enough to wholesale for a decent pay out.

This goes against there situation by a year so is there any better ave. To go down that allows them to refinance the business and buys me time to work with this property to make something off it and still help them out or is this a dead end deal and I should side step this one ? Thanks Westen

thanks Mackal, I am trying to fuger out where my nich is but I want to hold one at least and wholesale till I can fix flip a few, I'm pretty open to doing what I have to..Ya Jared it is small time here but I've forced my self to work out side the box an that's hard when just starting out and not knowing a whole lot but I'm working multiple county's.

Thanks Maggie

I would like to go over your questions , I'm still figuring this site out an all the inn's an outs of it

I can say that your right about just getting started I really don't know where my nich is going to be but I want to wholesale a few to get started may be more creative before I fix an flip but i do want to fined a good rental to hold on to as well.