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11 June 2024 | 9 replies
Seems to me that selling to an organization like Habitat for Humanity might help you ensure you have a relatively consistent buyer, assuming the parcels you purchase are in desirable areas for them and meet their acquisition criteria.
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13 June 2024 | 3 replies
Hi Jon, What price point are you looking to target on the new purchase?
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11 June 2024 | 14 replies
@Jacob Sherman I’m typically raising $100K - $400K for the purchase and repairs of a SFH or smaller MFP flip (short-term).A syndication seems like overkill, and some investors don’t want to deal with a K-1 because it’s not worth the extra accounting expenses for a short-term deal.
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13 June 2024 | 1 reply
This scenario often allows investors to purchase properties at competitive prices, potentially increasing their return on investment and have smooth investing experience.Quality Education System: With several highly-rated public schools, Katy is an appealing location for families.
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13 June 2024 | 8 replies
And if I go on with the purchase, how hard will it be to evict them?
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14 June 2024 | 7 replies
But for assignment of contracts and other investors purchasing property you bring to them; Pace Morby or Jamil Damji would be two great guys to check out their online content!
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13 June 2024 | 20 replies
I have cleaned up a number of these deals over the years.. they are all great when they are working and everyone is on the same page but when they are not.. there is extreme risk to the original seller especially in Texas were a bank or lender can get a money judgement on purchase money loan.. out west not so critical original seller just gets their credit trashed if it was not already.. but there is no money judgement available to the lender for a purchase money owner occ loan in first position.
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14 June 2024 | 14 replies
Should I have this established before purchasing a property, or accumulate it over time after making a purchase?
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10 June 2024 | 3 replies
If one of the units you will occupy is larger in GLA/bed/bath count its okay or if its closer to work or school.
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9 June 2024 | 2 replies
Is anyone using Purchase Money Mortgage ILO Contract For Deed?