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4 January 2016 | 24 replies
That's one way for me to liquidate my Pigs LOL.. actually its a cute property that I sold on contract to someone who put 5k down paid payments for 6 months then went dark.. he did the demo so its ready to be put back together..
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5 January 2016 | 3 replies
My hesitation is when they're buddy-buddy with the maintenance guys and take a cut of every service call (vendor preferred contract) and when they charge you a % for every maintenance request (they always seem to find new maintenance needed)
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10 November 2015 | 7 replies
@Nicholas Armstrong, that arrangement is called Subject-To (taking title to a property subject to the existing financing), and this is not a cut-and-dry process, it will most definitely involve (if you want to be "safe") getting a RE attorney involved to draft the docs and submit them, and it's risky because most residential mortgages have a clause in them that says a change in title of a property they hold the mortgage on would indicate it changing hands, while their loan hasn't been satisfied, so technically they could call the loan due and demand the entire balance at that point.
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27 November 2015 | 8 replies
He is getting experience and a cut of profits.
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3 December 2015 | 4 replies
You could split 50/50 with your Dad providing the money and you all of the ground work and labor or he is a private lender which would probably mean you pay him interest on the money and maybe a cut of the profits.Does your Dad want to take on some liability and be more involved or does he want to be passive.
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7 December 2015 | 5 replies
Your question about whether you should fix-up to sell, or sell as-is, isn't quite a cut-and-dry question as you're desired timeline to sell and your available cash come into play.
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18 December 2015 | 45 replies
I overlooked it because in my mind I was seeing PDF's, EPUB's, etc. and the AudioBook acutally had a separate link.
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13 December 2015 | 5 replies
The property is a cute, historic home that is very outdated and needs some love (The front rocking chair porch is collapsing and the house hasn't been updated in a good 50 years!).
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16 July 2015 | 120 replies
DUPLEX/TOWNHOUSE: MLS, I gave up my commission, seller only paid listor. with my current brokerage4. 5 MIXED USE BLDG: MLS as a realtor, represented myself (commercial), would have given up commission but ex-brokerage would frown. and my commercial mentor took a % cut.
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28 July 2015 | 11 replies
Newsflash, the hosting group gets a cut of the sales, usually 50%.