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21 November 2012 | 18 replies
You could offer it back to your manager with either an installment sale or a lease with option to purchase or a lease purchase arrangement (he MUST buy in this case as opposed to the case where he can choose to buy with an option).
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23 October 2013 | 7 replies
Disgusting as hell.All in all, 5 weekends of work for a total of 10 days, about $3500 in expenses for paint, cleaning products, home staging and a few other stuff.6 months later, house was sold for $198 500.Net profit of 22k after all expenses to be split between the three of us.
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3 July 2015 | 61 replies
Made arrangements to see house.House needs some work, but they bought with no money down, mortgage is held by some national company so impossible to deal with, payments are currently $800 per month including mtg insurance.
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14 November 2022 | 63 replies
Planning on buying multifamily there, looks like a city with a ton of potential.From my experience about 90 percent are paying, it is always good to be a negotiator and be open or agreement arrangements specially in the era, as you understand section 8 checks dount bounce even in covid era.
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4 May 2014 | 56 replies
You set the stage, money always find amazing deals.
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2 January 2014 | 6 replies
While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.I have seen several suggesting the use of pre-arranged quit-claim deeds as a deed in lieu of foreclosure in providing a loan, it's a bad idea.While it is addressing conventional lenders, such as banks, it applies to all privately financed transactions, including installment contracts such as land contracts or contract for deeds.
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14 January 2014 | 36 replies
I will be pretty much going one step at a time and posting on biggerpockets to get feed back during the different stages.
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10 January 2014 | 8 replies
An admitted partner is generally required to inject capital for the stock as valued, there can be arrangements where ownership is given for management activities for example but I'd not do that as an existing stockholder.A nickel's worth IMO. :)
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8 June 2012 | 22 replies
Also many hours are spent shopping for food at BJ's or Sams club.Even your "part time" effort will most likely take center stage in your life as you spend more and more of your time away from the things you want to do in retirement.
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12 August 2012 | 32 replies
I'd think that most people don't have any idea of the level of training, determination and sacrafice required to get past the hump of being a good school athlete and get to a national level and then go beyond to the world stage.