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9 December 2024 | 5 replies
Also you would not reduce the price because of the interest payment. that is not how it works.3. yes the note could be sold, but at what type of discount and what if the borrower stopped paying.while there are a lot of posts on seller financing, some estimiate less than 1% of all transaction have seller financing and the ones that do are first position only with an average of 30% down payment - most of these are to people who do not have verifiable income.Thinking you will get conventional financing then seller financing will be uphill battle as the conventional lender most likely will not approve a 2nd mortgage for purchase.not trying to dissuade you, just wanted to provide some key insights so you do not spend 1000 hours chasing something that is impossible to find.
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11 December 2024 | 13 replies
And we're still seeing deals here that are positive cash flowing with lots of potential for appreciation.
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5 December 2024 | 15 replies
- Zillow is the #1 source of tenant leads, with it's other websites Trulia & Hotpads. - What is your PMC charging for Tenant Placement?
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8 December 2024 | 1 reply
The seller was willing to do a carryback in the second position and the bank was the primary position.
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7 December 2024 | 2 replies
You should get plenty of discussions over the years.If you search a real estate investing website, you'll find most opinions are biased towards real estate.
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8 December 2024 | 14 replies
We are considering a new policy at BiggerPockets and request feedback.Idea: Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction.
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16 December 2024 | 35 replies
It blows quickbooks out of the water with ease of use and I can do the class tracking that the basic $20 a month quickbooks was lacking.There's a phone app also, I just added it to my phone, so I'm not sure how much I will use it yet other than for reference as opposed to opening the website for details.
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11 December 2024 | 11 replies
If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.
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11 December 2024 | 34 replies
I'll post more as I move forward if I don't lose this website thread.
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9 December 2024 | 6 replies
There was a disconnected phone line, no website, people living in motorhomes illegally and only about 50 percent occupancy (some of those people weren't paying).