Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

And I buy the seller carry back notes for those that want to cash out.I agree with jack Bosch I saw him at a rich dad event and his stuff was very dated.Its not a complicated model you buy low sell for more..

House was sold a year ago and sellers are threatening arbitration.

A seller would never know.

That approach might not serve the seller well, especially since the goal is to genuinely help them by offering a reliable quick solution.My current thought is to focus on networking and building a solid and extensive buyers list and understanding their ideal investment criteria upfront.

However, The seller has a high equity build up into the property of about 300k.

The provisions in the second contract govern the final close so you have to check for discrepancies that would invalidate your contract's provisions with the seller.

Quote from @Lolo Druff: Just like turn signals, you should always trust, but verify that the seller is telling the truth.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

Hi, does anyone know a calculator to use for seller financing which includes amortization?