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28 January 2025 | 12 replies
Originally posted by @Chris Hains:Mr.
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23 January 2025 | 1 reply
I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?
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23 January 2025 | 3 replies
The main reason I ask is because that is significantly below primary residence mortgage rates let alone any investment loans, if you can get rates like that I might need to make some changes on my end hahahTo answer your original question, assuming all else is equal long-term fixed rate debt is valuable.
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22 January 2025 | 9 replies
Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.
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29 January 2025 | 8 replies
Hi Everyone,I’m Wesley, a 57-year-old entrepreneur originally from Brazil.
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30 January 2025 | 4 replies
I can't give a tutorial re how to originate a note today, selling a house with financing in just one post.
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29 January 2025 | 68 replies
Originally posted by Account Closed:Here is the link to a Ch.4 WIVB news article about the company Sunrise Capital Investors (Clearwater Fla.) that bought the Akron Mobile Home Park in Akron NY.
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14 January 2025 | 3 replies
Paid 77% of the original list price on this new construction home.
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24 January 2025 | 17 replies
She originally asked for 2 balloon payments.
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22 January 2025 | 4 replies
While I eventually parted ways with my original partners, we remain close friends to this day.Now, 30 years later, I’m still in Ohio and loving it.