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24 January 2025 | 0 replies
If Landlord has filed an eviction due to Tenant’s Default or other breach, including breaching for non-payment of Rent, regardless of the outcome or disposition by the court, Tenant agrees, upon request, that the court shall make a determination who the prevailing party is in any eviction and whether any attorneys' fees and court costs sought by any party are reasonable.
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20 January 2025 | 10 replies
Now we are mostly scaling our business with larger communities but I've used many different creative finance strategies including seller finance, private lending, hard-money, collateral from other properties, and lease-options.
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17 January 2025 | 40 replies
@Mitch Davidson I purchased a property recently and closing in May.
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30 January 2025 | 8 replies
Hello BP, I’m writing this post for all the rookies (myself included) I think it will be very helpful for anyone who is getting started.
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3 February 2025 | 7 replies
It is possible to get 90% of your purchase price and 100% rehab funded as a first timer in 1-4 units.
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22 January 2025 | 4 replies
Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.
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1 February 2025 | 56 replies
I'm on a mission to get everyone to think Wrap Mortgage (or AITD All Includive Trust Deed) over straight Sub-To.
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12 January 2025 | 3 replies
Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income.
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19 January 2025 | 9 replies
Just curious, what did you end up purchasing after and why?
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3 February 2025 | 5 replies
Is this for a primary purchase or build to rent/sell?