Igor Gajic
Owner financing .... interest rates ?
5 April 2017 | 11 replies
A favorable mortgage that comes with few costs and lower monthly payments should translate into a fair market value for the home.
Mike Nowicki
Transfering Title to a LLC (Land Trust)
6 April 2017 | 8 replies
Good luckYour explanation has been one that I've not seen as a viable solution to the dreaded lender due on sale clause.The bank as 1st lien holder, which they already are as the original and then altering to have the LLC be 2nd.
Grant Wieczorek
Buying a property for cash vs assuming a loan
3 June 2017 | 1 reply
Additionally the equity requirement to assume the sellers loan based on what price they want could be 35 to 50% down versus a new lender might do a loan at 75% loan to value with 25% down.The existing lender does have a history with the property over time so they might alter the original loan or not want to let a buyer assume it as they are ramping down loaning to those type of assets.
Warren Foster
What would you do?
20 October 2010 | 11 replies
Which translates into less property needed to replace your income.You might consider using property management or a broker for now, since you're out of the country, then becoming more active when you get back.Lending, whether you mean hard money, buying notes, or partnering has the disadvantage of being lumpy.
Grant P.
Advice on analyzing infill apartment development/apartment investment
26 July 2012 | 15 replies
Grant -Don't take this the wrong way, but that "value" that you mention will in no way translate to increased value of the building.
Dante Williams
Question on Partnering Up
25 February 2018 | 6 replies
The contract will initially be a strategic partnership that will translate into 50/50 ownership of a Series LLC that my Master LLC controls.
Juan Medina
My Name is Juan Medina and Here is My Introduction
22 October 2017 | 14 replies
Translation: You have to risk less of your own money and use other peoples' money.
Richard Charity
How did you start in Owner Occupied Multi-Families?
5 November 2017 | 17 replies
I just meant that what you learn in real estate school doesn’t always translate to real world practice.
BiggerPockets .com
Survey: Short Term Rental Income to Help You Qualify For a Loan?
22 November 2017 | 40 replies
Another major change I would suggest to the mortgage contract would be to alter the insurance clause to reflect STR activity.
Hector Lozano
Question for wholesalers in Texas
12 August 2019 | 15 replies
As far as the buyer is concerned, if I am wholesaling the contract, they already know the TREC and can see who pays what in a few seconds.Life is so much easier when you use a promulgated contract that can not be altered.