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20 February 2025 | 4 replies
Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.
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17 February 2025 | 9 replies
Feel free to message me!
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7 February 2025 | 17 replies
I put 30% down to reduce risk and create more cash flow.
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22 February 2025 | 5 replies
Some risk of foundation causing other issues but I think it's the best of the terrible options.
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23 February 2025 | 15 replies
Would love to have a reliable person to help free up some of our time to focus on growing the business.
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11 February 2025 | 1 reply
Since the property has vacancies, a buyer might discount for lease-up risk, so that’s something to factor in.I owned a multi-use property in IL that is definitely different than what you're looking at.
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9 February 2025 | 1 reply
I plan on starting out next year with a small plug and play solution to have minimum risk.
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20 February 2025 | 6 replies
My goal for 2025 is to complete 50+ transactions and collaborate with even more people in this community.If you’re a private money lender, investor, or fellow enthusiast feel free to reach out.
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11 February 2025 | 11 replies
Investing involves risk and may result in partial or total loss.