This program of "Creative Financing" is effective all across the United States.

He asked if the lenders we worked with would take "Pink Paper" or something to that effect.

Points are based on borrower’s credit score and experience.Closing Costs:Costs incurred to close the transaction, including lender’s legal fee, title insurance, recording costs, etc, will be paid by borrower, however, these costs can be rolled into the loan balance.Rehab Funds:Rehab funds are released in a series of draws as work is completed.

If you mail to those 1000 people 5 or 6 times you should see an increase of responses up to 3-4%.Direct mail becomes more cost effective and yeilds higher returns (5-6%) when you utilize a targeted mailing list.

Your 23K "sweat equity" has no effect on your old loan balance.If the new value of the property is $180K, and there aren't any credit issues, you can almost certainly refinance for 80% or $144K.

William,This transaction will not qualify for 1031 exchange treatment.

I wish to perform REO transactions for your bank out here.If you could send me some info I would be greatly [email protected]

Obviously, area effects price, but 770K per residential ac is expensive no matter how you look at it.Let me know, that you really meant 100ftx100ft.

For example, if you charge $1500/month with $500 rent credit, the tenant would receive $500/month toward down payment if exercisting the purchase option - in essence this means that they were effectively paying only $1000/month during the rental period with a "forced" savings plan to help with the down payment.

I also am wondering what the best way to transition into writing up the offer and getting them to agree to sign it so that I can move forward on trying to promote a signed agreement at my local clubs.Many times I end up making the offer, and they say something to the effect of "let me think about it", "i have other offers" or "i dont want to sign something and be locked in", etc...