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15 September 2024 | 11 replies
Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when they don’t qualify for a 3rd party loan (2) obtain financing when the property doesn’t qualify for financing and or (3) extend the “buying power” of their capital contribution (down payment) to purchase a larger more expensive property by having the seller provide a subordinated mortgage loan.That’s all and good, but why should the seller agree to finance the purchase of his property, instead of getting CASH for his equity?
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13 September 2024 | 12 replies
You make $1800/mo, or $21,600/yr (before taxes, and of course assuming no unexpected expenses arise). 200k/21.6k - 9.26 yrs.
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8 September 2024 | 0 replies
Building a strong, high-performing power team is essential for any leader aiming for long-term success.
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13 September 2024 | 0 replies
Buyers have significantly more negotiating power.
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12 September 2024 | 6 replies
They can provide a more accurate assessment and potential repair costs.When dealing with homes from the early 1900s, it's prudent to overestimate your renovation budget to account for unexpected issues.
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12 September 2024 | 9 replies
In AZ, almost everything is utility scale, so 2.5 acres isn't going to attract much attention from power purchasers or solar developers.
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11 September 2024 | 6 replies
There is no power to the unit.
14 September 2024 | 10 replies
Some lending programs are more or less (there are various programs) but in general 50% DTI is max.In order to ensure you accurately plan for your future mortgage its good to know up front how these situations would be affected and what borrowing power you will need when the come times to purchase this upcoming "condo."
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11 September 2024 | 3 replies
It’s not big, but it’s got a concrete slab and power hooked up to it.
15 September 2024 | 33 replies
In our area there are business administrator (assistants to the mayor) who have more decision making power than others, but the head of the water/sewer or public works department may be able to help you too.