Bob Asad
Can You Resell a Seller Financed Land or Property?
8 January 2025 | 8 replies
Answer sure.. have to check if there is a due on sale clause or if you have a PG to the orignal seller.. that mortgage stays in your name unless there is a formal assumption Maybe the example is more challenging for a house as the property.Ex. with vacant land - seller finances to me $20k with 5% down and $1k/moCan I after 1-2 months, then resell the land to a cash buyer for $25k, pay off the original $20k and pocket the $5k?
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway.
Charles DeRiso
Anyone hear anything about iintoo?
22 January 2025 | 7 replies
Seems to be quite high fees but haven’t done the formal math.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
For background, I'm partnered with an architect and interior designer, but I'd have to find most of the subs as I don't have any formal connections (at least in the area I'd like to build).
Tom Nagy
Stay away from RAD Diversified
20 January 2025 | 32 replies
Her official Facebook seems to have disappeared based on SEC documents here is what is available:Resignation of CFO, Amy VaughnOn April 9, 2020, the Company received a formal resignation from its CFO, Amy Vaughn.
Brian Clark
Newbie to real estate investing
2 January 2025 | 2 replies
Hi Brian, not sure how close you are to NH but there’s a couple local meetups that happen every month in The NH seacoast area just across the Maine border if that is something that interest you.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
The work around was a Mexican bank was the owner and lease it to the foreigner.It's within 50 kilometres from the coast and 100 kms from an international border, so 31 and 62 miles respectively.
Melissa Sejour
Fix and flips in Philadelphia
7 January 2025 | 7 replies
The best opportunities in the Mansion are the parts where it borders an area that is at higher scale in my opinion.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
Use your HELOC to purchase the duplex outright for $118K.Your brother’s $50K down payment can immediately go toward reducing your HELOC balance, leaving a remaining balance of $68K.Create a formal lease-to-own agreement with your brother.
William Fisher
Figuring out percentages of contractor/ lender partnership
9 January 2025 | 4 replies
To establish a 50-50 ownership in both the property and future profits, you'll need a formal agreement outlining each person's contributions and rights.