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26 June 2018 | 4 replies
I don't think they necessarily have the best rates but they are who I have used for my 2 properties (one of which had a seller carry-back and construction loan too).
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15 June 2018 | 7 replies
People often don't talk about the boring deal they lost money on simply due to carrying costs.
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19 June 2018 | 18 replies
Here are how the basic deal looks: Home Depot $ 16,000.00 Credit Card $ 12,000.00 Purchase $ 57,000.00 Rehab Labor $ 22,000.00 Contractor Fee $ 5,000.00 Carry Costs $ 5,200.00 Refi Closing Costs $ 2,000.00 Total $ 119,200.00 The house got appraised at $140K so the bank lent me $105.
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20 June 2018 | 8 replies
You're going to have carrying cost and this is a far cry from a seller rent back scenario.
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22 June 2018 | 7 replies
It occurred to me to get the seller to carry a small 10% second.
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5 May 2019 | 1 reply
My question is how to determine the proper amount of walls-in insurance to carry.
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12 November 2019 | 27 replies
An IRA is an individual account and is not sponsored by a business.A business, for the purpose of sponsoring a 401k, can be any type of trade or business that is carried on.
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1 July 2018 | 31 replies
My duplexes do receive an income approach to value when appraised, but because it is residential, the comps carry much more weight.
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20 June 2018 | 4 replies
I’ve had good luck with owner/seller carry contracts.
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18 June 2018 | 2 replies
Say you sold for $100K and took $20K down and carried a note for $80K.