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4 September 2024 | 5 replies
Reasons to sell the seller on the Owner financing might be, because you are going to do a substantial rehab to the property, or that the property doesn't have any buyers, and this is a way to sell the property.Seller Financing works a lot better when there is not a realtor to pay, where a realtor's commission could be 6%, which on a $300,000 Purchase would be $18,000.An additional option you might consider if you are looking at purchasing this property to do a flip, or fix and rent, is you could propose seeing if the seller would partner with you, and you would secure a Private Loan for 50% of the sales price, plus the rehab, and if there is enough upside equity, you would probably be able to do a cash out refinance and pay off the seller that way.
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3 September 2024 | 6 replies
If there are HOA restrictions, you can list this in private remarks so other agents can share it with their clients so as to not deter buyers as well.
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7 September 2024 | 85 replies
Happy to discuss pros & cons from my experience with you privately if you want to message me.
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3 September 2024 | 5 replies
@Alessa LeSar: We have a couple private money lenders in our Asheville BP meetup network that would be eager to finance you.
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8 September 2024 | 101 replies
We have about 100 class C properties in Northeast PA.Most purchased and rehabbed below 40k a building.We use a private lender because it's hard to get a bank to do loans this small.
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?
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3 September 2024 | 0 replies
Private Money How did you add value to the deal?