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30 May 2024 | 63 replies
Don’t make it complicated.
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27 May 2024 | 22 replies
Investors do this to protect themselves in the event the note goes into default, they can avoid a judicial foreclose (expensive and time consuming) and just take the property back, and resell it.
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26 May 2024 | 3 replies
These deals are risky and complicated.
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24 May 2024 | 3 replies
There are rules in Ohio where if the borrower has more than 20% equity or has held the land contract for more than five years then the lender must go through a judicial foreclosure as if it was a mortgage.
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26 May 2024 | 28 replies
The one and only time I've heard Dave Ramsey address the idea of "good debt" and "bad debt" with enough time given to make a complicated point, he talked about how difficult it is, specifically in real estate, to precisely calculate the risk of these investments.
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31 May 2024 | 149 replies
The feedback I usually get is that buyers wanted to assume the loan but the process was lengthy and complicated, and buyers eventually moved on leaving the seller with no equity and option to sell other than writing a fat check at the closing table since they had to continue to lower their price.
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25 May 2024 | 14 replies
If the plans are super detailed or complicated forget about it.
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25 May 2024 | 15 replies
You are making it more complicated than it needs to be.
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28 May 2024 | 68 replies
@David G. your making this WAY more complicated than it need be.