8 June 2024 | 40 replies
I've doing business in the islands for about 12 years but almost all flips via private lending or owner/creative financing.
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6 June 2024 | 23 replies
I have done several in the past and most I have been satisfied with the outcome however this one was not as expected therefore I am trying to get creative.
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7 June 2024 | 8 replies
This is usually about reading too much about creative finance.
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6 June 2024 | 4 replies
Sell the home you currently own to a non-disqualified person then have them sell it to your retirement account...just in case you're thinking about getting creative.
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3 June 2024 | 1 reply
I am close to the owner so I can discuss options.These are details and some rough numbers: - Location: Vienna , VA - No mortgage on house (free and clear)- Purchased year: Around 1980- Purchased price: around $50,000- Type: 3 bed - 2 1/2 bath single family- Market price: $920K (not appraised yet but numbers from Zillow)- Market rent : $3,400/mo (from BP Rent estimator)- Insurance $2,000 /yr- Taxes $9,300 /yr- Management $3,260/yr (I do not want to manage )- Repairs: TBDThe numbers do not work with conventional financing (20% down, 7% interest, 30 yr) so I want to think of creative financing ways.
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5 June 2024 | 10 replies
Don't get me wrong, I am no genius, but the number of limited professionals masquerading as competent, or worse yet, expert, is staggering.
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5 June 2024 | 4 replies
Creative financing options, etc.
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4 June 2024 | 4 replies
Hi all!
I’ve found a potential deal with an open minded owner. I’m trying to structure a deal that genuinely benefits the seller and I. The seller is also very elderly and may pass soon (he’s rather accepting of thi...
6 June 2024 | 7 replies
But you don’t indicate a house is involved.There are still creative ways to buy properties once you get out of bankruptcy.
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5 June 2024 | 2 replies
Also, Wealth Without Cash by Pace Morby is amazing, if you are interested in Creative Finance.