You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.

Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?

I've personally found the bulk of my Chicago purchases off the MLS.

If this is your first real estate purchase I would stay away from auctions, there's too much risk involved especially with where price points are in your market.

I acquired a residential property when I purchased my business.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Most propane suppliers will offer a discount if you purchase your own tanks outright, I save around $1.00 per gallon.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

The land purchase will be one of the biggest tasks of your project.

Hi All,Just purchased my first property and moved from San Diego to Charleston.