Ben Bishop
Promoting a seller financed property?
3 July 2013 | 9 replies
You may even want to hire a note consultant to advise you.Here are some bare minimums:* Good down payment - at least 10%, preferably 15-20%* Healthy interest rate - at least 8%* If you want to put a balloon feature in, make it 7-10 years out* When you assess the borrower, pull their credit report and keep it with your file* Use a note servicer to establish a verifiable record of the timeliness of the payment history (or keep meticulous records yourself with copies of all checks)I thought this below was a good read, and I basically plagiarized the above from it.
Alton D.
Wholesale Packets
18 July 2013 | 1 reply
Bare with me - a quick story not about cars but real estate.Ok so I recently bought a car "long distance".
Dyna J.
Mountains out of molehills
15 March 2013 | 7 replies
Its been tough the past three weeks our infant was in childrens hospital with a life threatening bout of gastroenteritis and a severe upper respiratory infection along with pink eye and a double ear infection.
Tim Sughrue
Looking for Direction
24 March 2013 | 6 replies
I essentially want to be able to sell my purchase for more than I bought it for, but I don't want to tie up so much of money that I am barely getting by after my monthly payment.
J. Martin
Is 2.5% a good cap rate? "Gambling" on appreciation?
28 December 2013 | 19 replies
Prices barely dropped during the crisis and are already well above that for most locations.
Dustan Marshall
help verifying tennant info
30 December 2013 | 9 replies
I barely have the two hours, so no way scheduling 1 hour apart.
Account Closed
Multi-Family w/ first floor Section 8
6 May 2013 | 11 replies
In fact when she first moved in she barely had to pay anything and is now paying over $250/month out of her pocket.
George Ramsay
Bank property affecting ARV
8 April 2012 | 5 replies
Unless of course, the work done is the bare minimum to try and flip the property quick.Best advice I can give to someone in this situation is to take such care in the renovation of your property that a discerning would never consider the back property because of the obvious superiority of product provided by your renovation.
Ed L.
Cost to budget on Bathroom
1 May 2017 | 31 replies
I pulled a pink 1930s wall oven out of one place and the owner wanted to toss it.
Andrew Ferguson
New from Austin, TX
9 January 2013 | 16 replies
It barely gets above 70 degrees here and when it does ...