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13 January 2025 | 9 replies
.- Ask the attorney if your aunt & dad need to authorize lien, or just aunt.2) Understanding your options to force payoff of the lien.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
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16 January 2025 | 4 replies
Not sure you really make more money.BRRRR would be interesting if you can find it.Flipping is competitive and brings in cash but not long term wealth.They all are great options, it just depends.
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14 January 2025 | 0 replies
Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.
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13 January 2025 | 5 replies
Starting with remote investing, like in Charlotte, can be an option, but it might be worth exploring local opportunities in Orange County too.
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13 February 2025 | 95 replies
An option is an encumbrance, buy the property subject to the option at a lower price, if the optionee buys, you sell, if not, you still win.A deed in lieu of foreclosure can be had after the note is purchased at a discount.You can buy the note at a discount and have the owner refinance, same with installment contracts.
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27 January 2025 | 35 replies
Also, when interests were low in US, Heloc used to be a good option.
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14 January 2025 | 4 replies
It works great for many people -- not me -- but it might be your best option considering your distance.
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15 January 2025 | 18 replies
If you expect further growth, holding onto the property could still make sense.Final ThoughtsSelling isn’t a bad option, but you’re giving up an incredible financing advantage.
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17 January 2025 | 7 replies
You can simply list it as a $300k sale and list Seller Finance as one of the financing options in the MLS.
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19 January 2025 | 55 replies
Free option available too.