Susan McBride
Creative Purchase / Sale Agreement
20 May 2024 | 10 replies
He would pay my mortgage payment and assume all responsibility for home maintenance until such time as he can qualify for financing.
Ivan Itzkowitz
bought land about to start building on it
20 May 2024 | 3 replies
Hi bought ten lots of land in Sebring Florida its R# zoned paying for upfront construction cost need help with getting a mortgage once its built so I can continual to build on the rest of the lots going to be about 18 homes made of containers I have 3 other investors working with me.
Ronald Benson
Auctions in South Florida
20 May 2024 | 8 replies
More importantly, there no great bargains there…people are paying at or close to market value.
Bob S.
HOA restrictions for rental in North Texas
20 May 2024 | 6 replies
If you don't pay they have the power to foreclose and also to force payment thru a judgement if you ever sell the house.
Caley Crossman
Using RRSP money for Rent to Own or Subject To ?
20 May 2024 | 14 replies
In this scenario, you are lending money to yourself as an individual, it allows you to make regular mortgage payments to yourself rather than paying the P+I to a bank or other lender.The first step is to qualify for a Non-Arm’s Length Mortgage with a financial institution.
Clif Charles
Hardmoney to traditional
22 May 2024 | 18 replies
Why would a borrower go to a retail bank and pay a premium rate when they can go to a mortgage broker that’s tied to wholesale lenders exclusively and save money on closing costs and interest rates?
Drew Sygit
Top 10 Biggest Midwest Cities: Which are Growing & Attractive for Investors?
17 May 2024 | 6 replies
I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest.
Matthew Heffernan
Rental property sale with delayed improvements
21 May 2024 | 4 replies
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?
Carlos Oliva
Refi or Home Equity
20 May 2024 | 6 replies
However, if you think rates will decline in the next 2-3 years and you're deal flow will be intermittent (i.e. 1-2 deals a year with some months without activity) I would lean more towards the HELOC as you only pay interest on the amount you access/withdraw.
Michael J Robinson
Non paying tenant
16 May 2024 | 7 replies
I have a tenant that doesnt pay rent,and i have been trying to evict for over a year.lawyer says its the courts being backed up the reason why its taking so long.is there another way to evict a non paying month to month tenant that i enherit as a new owner?