Russ Marlborough
$13,000 down the drain? Locked into a deal that didn’t appraise..
27 July 2019 | 68 replies
If so, get the owner to carry the 30k difference in a note, if you are still comfortable paying 150K.
Reggie Maggard
Partnerships and joint ventures
22 July 2019 | 8 replies
I paid the seller 15k cash, took over her 1st mortgage of 70k subject to, and she is carrying a 2nd mortgage for 15k at 0% with $200 payments until paid in full.
Marc Winter
Is It Time To Tap Out?
19 July 2019 | 3 replies
The person that wrote it is a card-carrying member of the AA; Accidental Appreciation Club.
Jacob Lawson
Newbie Real Estate Investor in San Antonio
20 July 2019 | 3 replies
I already did some scrubbing in the forums and found out about the meetups that Mauricio Ramos, Jeff Pozos, and Seth Teeling host each month.
James Edwards
Payment as Percent of /Profit
22 July 2019 | 4 replies
Seems to me a decent option for an owner carry property, with the ability to share some of the risk between both parties.
Osama Mayassi
Using partners on deals
18 July 2019 | 6 replies
Understand both roles and if you feel your role is more intensive or carries more risk then of course you have the right to negotiate for a higher percentage.
Account Closed
Asking seller to be the lender
19 July 2019 | 5 replies
I may be paying a little more than I generally would on a rental house but if they're carrying the loan for me (with zero down as well) then I'm avoiding the hassle of the bank initially.
Carlos Garcia
Would you refinance a 0% interest loan to get equity out?
20 July 2019 | 8 replies
You can take a little more time on the rehab at 0% interest (though you’ll have no revenue to offset the principal payments until it’s rented so that’s some carrying costs).
Emma McClendon
House flipping: Where to start?
25 July 2019 | 5 replies
The interest carry will eat your profits fast especially if you struggle to get the project done and sold quickly.The best way to get started in REI is by wholesaling.
Augustus Bukowski
Land a Million dollar Development
19 July 2019 | 7 replies
We negotiated a seller carried loan for 1 year term.