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Results (10,000+)
Luis Plaza Land purchase trough creative financing Experts
17 June 2024 | 1 reply

Hello friends, Can someone recommend names of people with experience and knowledge about analyzing and navigating the process of buying land using the seller financing method?thanks

Vijay Nidumolu long term rental neighborhoods
20 June 2024 | 2 replies
As the population continues to grow and more high income earners move here to work at Toyota, Boom, etc. the average purchase price will continue to rise making it even more difficult for first time buyers to break into the market.
Yasmani Delgado Whats is your take on the 50% rule when analyzing a property?
20 June 2024 | 26 replies
Here are the numbers, so you can see what I mean.The numbers are the following: 359,900.00 sales price (purchased Dec 2015) 89,975.00 down payment (25%) 10,000.00 closing cost (estimate - I don’t remember the exact figure) 7,000.00 required rehab (estimate - I don’t remember the exact figure) 106,975.00 Cash invested 3,900.00 Rental Income (actual figures) 150.00 Parking Income (actual figures) 4,050.00 Total Inflows (400.00) Utilities (250.00) repair budget (not an actual outflow, yet) (2,200.00) Mortgage (Includes insurance, taxes, and P&I) 1,200.00 Operating Inflows 14,400.00 Yearly inflow 13.46% ROI If I were to use the 50% rule I would have discarded the property. 
Chris Seveney How I got started in note investing
21 June 2024 | 33 replies
But note investing definitely works, if anyone is looking to get into it.My best deal was purchased for $13k and generated about $170k.
Martin Yip Toll So Can Canadians with no credit history in USA Assume the seller's mortgage?
20 June 2024 | 1 reply
I've recently came across this technique of assuming the sellers mortgage when purchasing the house.
Dennis O'Loughlin To use equity or wait for Brrr
21 June 2024 | 2 replies
For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.
Brian Williams Buying land with owner listed as "ABC Inc Profit Sharing Plan" -
20 June 2024 | 3 replies
Non realtor (me) drawing up purchase contract with seller financing land deal, owner is listed as "ABC Inc Profit Sharing Plan" in the county CAD.
Anastasia P. 1 of 2 lots wholesaled for my first time
20 June 2024 | 0 replies
Purchase price: $19,000 Sale price: $20,000 This is one of two lots I got under contract in Port Charlotte, FL from the same seller.Sold it to a builder for $20k.
Cory J Thornton What are the potential effects of "Phantom Debt?"
20 June 2024 | 2 replies
Some articles indicate that as many as 42% of those who actively use the BNPL purchase option are either behind in their payment or behind in other payments for other obligations.Even though this is not something being reported to credit agencies, it could be something that starts popping up on loan applications as the amount of "phantom debt" in the system continues to grow. 
Maximiliano Rodriguez Suit for Breach of Contract, specific performance, and Trespass try Title
19 June 2024 | 3 replies
I am Buyer A, who purchased a house requiring extensive repairs from Seller Z.