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29 March 2018 | 7 replies
Then a few months later when I have the property in contract to sell my title company turns up an open mortgage.
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5 May 2018 | 26 replies
I am now under contract to purchase a triplex using my VA loan with a tehab component, where will will live in a great home in one of the most desirable neighborhoods around, while renting out the two units in back.
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29 March 2018 | 2 replies
I think there are few different ways to do this (e.g: lease option, subject to, land contract) Check out this article to get started then search the individual tactics in the BP search bar to get more info. https://www.biggerpockets.com/renewsblog/2011/07/20/seller-financing-3-kinds/
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27 April 2018 | 13 replies
In the future I will have it spelled out in the contract the lessee agrees to take lien position behind any and all lenders.
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30 March 2018 | 10 replies
I would recommend doing a contract purchase for the exact loan amount for a year before going with a loan from a bank - if you don’t then the bank will only loan you money for exact purchase price of the house (assuming it’s lower than the appraisal value).
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28 March 2018 | 2 replies
Building codes and permits are primarily a city function, with some input from county level on certain subjects, such as Septic Systems.Primary contract will be in the Planning & Zoning Function of the local city.
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28 March 2018 | 4 replies
You have placed a property under contract to purchase and are selling your rights in that contract.
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29 March 2018 | 1 reply
The other option I looked at was GroundFloor which I found in the bigger pockets directory here for crowd funding, however I believe the interest rate will be high since this is a 0 exp flip.However, my father has been running a contracting business for a very long time and he will be my main resource when flipping these first few when it comes to the rehab portion.
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28 March 2018 | 0 replies
I'm going under contract for my first duplex tomorrow.
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30 March 2018 | 3 replies
Contracts and attornies handle this type of thing, it is exactly why they are used.