This means they are bundled together and turned into bonds, financial instruments that pay out interest (yield) to investors looking for a steady, fixed return.

I paid $307k cash and spent another 30k + to fix it.

Fixed rate long term debt is usually the goal unless you're flipping property.

Aloha @Fouad Hajji -  We have a meetup this Sat, June 22 from 1-3pm at our latest fix and flip - 671 Waikanaloa St.  

The amount of times I hear broke people talking about suing is laughable.

Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.  

As I am now focused more on cash and creative wholesales-SFR & Land, to eventually do fix and flips, buy n holds.

I would be willing to either pay for the access, or work out a deal where I could throw leads your way since I will be sending out a significant amount of letters.If this is breaking any forum or Realtor rules, please let me know, and I will remove it.Thanks

Investment Info:Single-family residence fix & flip investment.

It was a ridiculous amount of time and really had no basis in factual studies.