Morby’s “community” needs to be advised of and consider.

I’ll be sure to get the survey over to you shortly.I completely agree—it’s always best to approach a deal with a clear offer in hand and come to the table with something rather than nothing.Some people have advised against tying up a wholesale deal first and then scrambling to find the right buyer.

Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD​ (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USD​Loan Amount: $313, 500​ (Monthly payments will be amortized as a 30 years loan​)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24​Closing Costs:  ~$3300 ​Zip Code: 74105Observations:       * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD )     * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked

So... if I were to advise a friend, I'd tell them, sure, if you really wanna buy, this platform is fine, just like Roofstock is fine, if you really don't have a team built out and trust built in to find better deals & opportunities.

Could you advise where investors typically secure financing for similar land purchases?

Readers are advised to seek professional advice.

Hi,
I’m a single-family real estate investor with a few rental properties under my belt. Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial r...

Any advise for the rest of us that is just getting started?

Given your scenario, you might recover more capital with DSCR due to the higher rental income, but as other lenders have advised, your max will be 75-80 LTV.Hope this helps!

@Matthew Mclean It's totally your call but my advise is to read the contract that they'll make you sign.