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10 March 2013 | 19 replies
Say there is little equity with a pretty house.If you could offer the seller full sales price and avoid a sales commission on a LO, is that an idea?
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17 February 2013 | 6 replies
The end goal depends on how you approach the seller, what you say on the phone, and how the deal is negotiated and structured.Finding a motivated seller is the key to a creative deal, whether it is a CFD, LC, LO, LT, Wrap-AITD, etc.BPs is the place to learn about all this stuff.
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4 August 2016 | 12 replies
I can tell you're excited William, but here's a few reasons agents don't get involved in SF and L/Os.The agents want to get paid, they are paid on sales, not leases, but either party can pay a fee, usually the L/O is kinda thin so the Realtor may go hungry.Many RE Brokers don't allow it due to the liability.
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25 February 2013 | 13 replies
I suggest you take your buyer to a mortgage loan officer and have them see I they will qualify for a loan, many buyers will ay they can't, but that's not the real reason you go, it's to find out what their issues are and find out how to cure the problem and when they should be able to qualify, then you will be ready to do your L/O.
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24 February 2013 | 4 replies
Everything is pointing lo long distance landlord.
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20 January 2014 | 18 replies
But the mortgage company that the LO worked for also charged 1 point more in origination( lender paid compensation).
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23 January 2014 | 5 replies
I like MLOs...1. lease and option for low NOI.2. get private money for repairs with no interest for a while (moratorium)3. fully rent at higher rents (higher NOI), wait 12 months4. either buy LO and resell or- assign the deal for a fee.
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8 July 2022 | 97 replies
He took it to his Rich Dad, who chided him for it, made some changes to the contract, and lo and behold, now he was going to earn $40/month.What I really wanted to see, of course was the before and after of the contract.
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28 January 2014 | 15 replies
If the seller wanted to talk to my LO I would have no problem with it.
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30 July 2021 | 40 replies
I know there are those that believe the meaning of life is contained in a program loaded in their computer.I'm way behind on the techie side, I was using computers when "LO" was sent over phone wires with router switches.This began saying we were to predict the failure of structures and amenities, by using historic data.