Bryan Hudspeth
Need advice on an exit strategy for a commercial property
11 August 2017 | 5 replies
Restaurant warehouses resell to new businesses starting out or expanding as used equipment for maybe 30 to 40 cents on the dollar.
Christina Brooks
Tax Title Services
1 August 2012 | 7 replies
Also, anything against the seller's name since the time of purchase could be clouding title.Taxtitleservices is a legit company that makes it possible to re-sell and re-finance properties purchased at tax deed sale.
Omar C
Need Help with Mobile Home Park
11 February 2013 | 9 replies
That way if they decide to split in the middle of the agreement you can always resell the house and you have already made a decent profit on it.Ryan
Jay Raught
My Contract For Deed / Land Contract Notes update
9 September 2016 | 21 replies
My favorite was buying notes from small commercial banks and thrifts 2 to 3 weeks before the auction.. they did not want them to come on the books as OREO I would get pretty good discount.if it sold 3rd party I made a pretty nice APR return in the 30 to 50% range and if I ended up owning it I would rehab resell and make a bunch LOL... but that activity came to a half a few years back at least with my contacts.
Stan Kyle
MH investing questions
16 November 2015 | 9 replies
Second, by reselling you avoid payment problems, repossession problems, rehabbing after units 'trashed' by buyers, and having to pay the park rent when the buyers don't.Most parks don't let you own and rent out the units so take the cash and move on.
Travis Thornton
Leasing a property to own - Flip while still leased? Possible?
7 November 2015 | 5 replies
Hi TravisIt is unwise to improve a property you are not on titleIt is better to do a JV w the sellerARV - rehab - resale costs (commissions etc) - JV fee for Rei = note to seller, paid in full upon resaleBuy it, fix it, resell itNo loans is private 1st mortExisting first mortgage is sub2Make 5 to 10 percent of ARV as a JV fee@Travis Thornton
Josh Blades
Newbie advice needed on class c property
14 December 2015 | 2 replies
So, the resell issue is somewhat concerning.
Joshua Hollandsworth
Do credit unions sell their mortgages?
17 January 2018 | 3 replies
@Joshua Hollandsworth I'm not a lender but my experience in talking to credit unions, regional banks, etc. is that some hold their own paper and some resell.
Corey Demuth
want to try buying tax liens/deeds - located in ny but willing to buy anywhere - help please?
24 April 2010 | 25 replies
Things that could go wrong is that the property buyer could stop paying in which case you might have to foreclose and then re sell or rent out the property.
Jason Kim
Have question on buying REO
2 March 2011 | 11 replies
Meaning, if you could find a property for around $20k from either a bank or private seller and then put your $10-$15k rehab in there, you could potentially sell that property for $75 or so and be all cash with all cash profits upon the resell.