15 March 2018 | 3 replies
So, the COC ROI seems to be about 9.744%Not as good as my stocks, but still not too bad.However, my credit union says they can get creative with my financing and use my equity in my personal residence and/or rental homes to cover my down payment.
13 March 2018 | 2 replies
So I feel it's definitely a limiting factor to a sale.I feel like I'd be narrowing down my possibilities of a successful transaction telling the seller I'll cover it and expect a unrepresented buyer working on their credit to bring a huge EMD, Purchase Option, and/or pay elevated rent.
14 March 2018 | 3 replies
So how can I do this given their credit/finances are a mess and could take some time to fix, if they ever do. 1.
24 March 2018 | 33 replies
Then pay off the line of credit and be ready to do it again on the next deal.
31 March 2018 | 12 replies
In this case, you'll have to track down the owners either by phone or mail.
16 March 2018 | 20 replies
The other thing I just found out was she’s been evicted before and I can track down who the attorney was, do you think 1).
14 March 2018 | 1 reply
Hi BP,I recently talked with an investor who buys houses for people looking to do a rent to own and collects 10-15% down, charges market rent (none is credited towards the purchase price), and marks it up about 15-25k depending on the price he bought it at.
19 March 2018 | 25 replies
I work a full time job and a part time job and have good credit.
14 March 2018 | 2 replies
Only really need one deal some require more. 3.5% origination fee, 9 to 12 points also depends on credit.