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11 July 2024 | 9 replies
Nathan,I don't mind offering answers but please make sure this is not an "Ego Battle" I am here to help and honestly I am an FDIC Banker - Not a realtor so I am the one who offers the financing.Regardless of 6 months - Yes you can use college from a major university or trade school!
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10 July 2024 | 18 replies
Property is a C class area, so I am concerned about the quality of tenant I will get but I am close to Ohio State University, a hospital, and short north/downtown columbus so I am hoping as long as I screen tenants I can find some promising people.
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12 July 2024 | 40 replies
I universally recommend they look at first-position fractional loans, which are legal here, but I know that no one listens.
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12 July 2024 | 79 replies
My wife is against the idea of renting it out by room to the volleyball team in the local university through a coworker of hers that knows the coach.
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11 July 2024 | 18 replies
Youtube university and BP podcasts has lots of golden nuggets.
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10 July 2024 | 34 replies
You also have Epic Universe opening in 2025, which means we are sitting on a gold mine.
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9 July 2024 | 6 replies
Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .
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9 July 2024 | 11 replies
Just sold a duplex at Baylor University and am interested in STR condo in Destin, Gulf Shores Coastal area (family goes every year) or Colorado, or Smokey Mountains seems to be a great place to invest now.
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8 July 2024 | 6 replies
It is fairly universally known that if you want to buy real estate, you go to the local MLS and/or Zillow.
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8 July 2024 | 5 replies
Hi @Marc Shin - A new Universal Studios is being built in Frisco TX (a suburb of Dallas) that I find interesting.