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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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4 September 2024 | 6 replies
I've met contractors, partners, investros, lenders etc all at the meetups.
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8 September 2024 | 101 replies
We handled the security for it for many years, but one of my partners handled some management for it, but was removed from that position when the new owner bought the property.
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4 September 2024 | 28 replies
My partners and I are in the early stages of building a beachfront community in Rosarito.
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3 September 2024 | 6 replies
They treat 5-7 units same as 1-4 A local bank is not the best lender partner.
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4 September 2024 | 9 replies
At 63 you will have to find ways to speed up the process - partnering, value add and finding extraordinary deals.
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6 September 2024 | 19 replies
You're looking for all the coach's contacts, resources and the people that are in the community that you can possibly partner with.I've worked with coaches who have done what I'm looking to do, whether to invest in real estate, scale my business, or become a better public speaker.
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2 September 2024 | 5 replies
But that does not mean you have to bend to everything your client/referral partner wants you to do.
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4 September 2024 | 5 replies
See fi you can find some like minded partners that you can stand to live with for a short period of timeWith regards to Chicago- Same advice as NYC but the price points are going to be significantly less than NYC.
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2 September 2024 | 10 replies
@Vinessa EiseleLegally you cannot unless the seller financing is partnering with you.