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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.
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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.
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20 June 2024 | 1 reply
I've recently came across this technique of assuming the sellers mortgage when purchasing the house.
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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.
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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.
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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.
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20 June 2024 | 3 replies
Why do you think purchase contracts are so long and have such small print?
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19 June 2024 | 3 replies
I am Buyer A, who purchased a house requiring extensive repairs from Seller Z.
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19 June 2024 | 3 replies
I am looking to try and build up funds to start purchasing properties.
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19 June 2024 | 7 replies
I read about people who purchase a property, obtained some equity, and used the HELOC on that property to buy their next.