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12 February 2024 | 5 replies
Second: You will need C) Executory agreement (add clause that if you default on the payment, seller can take back ownership D) In addition, a purchase an sales agreement reflecting the subject to the existing mortgage note, under the seller's nameGet title insurance with the seller as a secondary in addition to the insurance already on the property.The purchase agreement reflecting both the equity payments and mortgage subject shall be executed and held deed to property, via this hybrid transaction be transferred into the buyer name..The deed, instead of being recorded at the registry, triggering a potential risk of a due on sale clause, shall be held in a mutual accessed safety deposit box along with the executory contract.
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12 February 2024 | 11 replies
Make sure you've studied the market well in order to comprehend the demand for rentals and potential cash flow.It's a wise decision that you want to establish a connection with regional investors in the Houston area.
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12 February 2024 | 12 replies
Hey Cody, if you're looking for cash-flowing deals with a low-entry point Dayton has potential.
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12 February 2024 | 2 replies
Investors need to accurately estimate renovation costs, rental potential, property values, and have the ability to refinance to ensure the strategy remains profitable.
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12 February 2024 | 18 replies
Will get into rehabing, etc later on down the road potentially.
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12 February 2024 | 6 replies
If you are working on wholesaling a property in probate, do you specify a potential closing date on the PSA or leave it open ended as "Upon probate approval"?
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12 February 2024 | 0 replies
A potential homeowner—with multiple financing and inspection contingencies—didn’t have a chance of winning the contract to buy a home when competing against the no-contingency cash offer of a fund.
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12 February 2024 | 3 replies
NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com
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12 February 2024 | 12 replies
One of our local markets is #5 but I think there are other markets in our area that have more potential. https://www.airdna.co/best-places-to-invest-in-vacation-rent...
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12 February 2024 | 9 replies
This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.