The second kind of seller is someone whos selling their personal residence at retail value or more with out the help of a Realtor.Usually they want a premium for their property,As my Grandpa would say "their price is Too Dear" which was an old school way of saying "They want to Damn Much for what they Got!!!"

@Javester Kemp Welcome.They may be three times less than Boston in Springfield but where are they in value, be careful.There's the Retail (end-user) market that usually buys something like single family O/O.

Some sellers want to wait and see what the market will yield at the end of the lease or want the option price to be $30k - $40k above the retail price today.How can you get the seller to agree upon a pre-determined option price at today's market price?

There are 42 responses, but to put it short and sweet portfolio lenders off you massive flexibility in your real estate business, in terms, and structuring.

I want to be able to create massive, passive residual cash flow.

It would be fair to discuss how the SAFE Act and other Loan Originator rules impact on your retail entity's ability to serve the customer.

It's somewhere between $150,000 and $250,000 I'll need, so not those little lenders I keep running into on Google.It's not for some new, risky business I'm hoping is a homerun, but for a long time, well-established franchise that has already been doing great for a number of years.The length of the loan doesn't matter too much to me, as I could throw large chunks toward this summer, and then probably be done with it by next summer, as my current business, which is massively passive, is very seasonal (Spring time).I won't say I'm desperate, but also with the shorter nature of the loan, and proven sales, as well as the success of my other business, I would even be willing to go for higher than normal rates.Anyway, thanks for any advice on lenders you might know of that deal in this area.

I figure these are great people to know, since they obviously have cash on hand if they are buying properties at Sheriff's sales.Congrats on this - these guys can be ruthless and sometimes only buy super bargains, but still, you now are connected with no doubt multiple millions in cash should you come across a super sweet deal.Not the first group to sell to (they are far from retail buyers) but it all depends on which ones you have met - I know in my area some of the courthouse steps guys are willing to operate on lower margins than other traditional investors because they are working on volume.

But just do your homework and take massive action.

I would order something called a proforma title policy... which is commonoly used in the commercial game... meaning.. the "owner of record" refelected my company... which then allowed the end "retail aka c buyer" to start loan process... escrow/title mathces... you dig?