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Results (10,000+)
Joseph Cacciapaglia Are Your Wholesale Deals Really "Off Market"?
10 April 2020 | 2 replies
I don't care where the deal came from as long as it's a deal.
Jm McNabb Is seller financing a safe option
12 April 2020 | 8 replies
The value to the buyer can add up to a very sizeable amount of money; typically pays the up-front lender fee to lower the interest rate, which results in accumulating paid interest savings for the buyer as long as the buyer owns the property, or for the life of the loan; may add up to many tens of thousands of dollars; make sure you check the fine print of the lender's loan lock provisions; be sure your seller's money is truly paying down the loan rate as opposed to paying other lender charges to the buyer.  3.Seller-Funded Temporary BuydownsBuydowns can also be structured to adjust the buyer-paid interest rate for a limited number of years; can cover the first two, three or four years or more of the buyer's loan; allows your seller to reduce the buyer's ongoing loan cost (monthly payment) considerably.4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer; for a seller who needs to sell as soon as possible for the best possible price; expands the potential market for buyers to those who might not qualify with a lender for any number of reasons relating to their credit, verifiable income, or other issues; seller creates an 'investment" that can produce an annuity with a very good rate of return for many years; seller needs to become very well educated on how to qualify a potential buyer (how to get credit, income, debt ratio, and other accurate personal historical data on the buyer-and how to verify that data); seller needs legal advice to review contract documents, as well as title and escrow services to conduct a title search and closing; buyers attracted to seller financing may have income sources including part- time work, bonus income, royalty income, dividend and interest income from investments, or they may be newly self employed; seller who finances needs to get a substantial down payment and ensure that the property is adequately insured by the buyer and that initial property taxes are pre-paid and a tax payment plan is established; if the buyer stops paying, the seller will have to proceed like a bank or other lender and foreclose on the buyer. 5.Contract for DeedA contract for deed agreement to purchase is similar to a seller-financed purchase.
Karen F. Connecticut landlords essentially just got .... by the governor.
19 July 2020 | 13 replies
A long as our local government thinks the crisis goes on for, tenants don't have to pay rent.
Benjamin Lemieux Buying Property During Covid
13 April 2020 | 11 replies
As long as you feel like it's a good deal and you can get or keep good tenants go for it.
Ismael Candelario House Hacking Advice/Tips/What to Expect
12 April 2020 | 5 replies
Fha loans ask for 3.5% down while you can get conventional loans starting at 5% down as long as its your primary residence.
Bivor Hada Is a HELOC a good Idea?
11 April 2020 | 2 replies
If you can get one...yes,...as long as the payments you would have to make, based on full withdrawal, don't put that property into negative (or even very low) cash flow
Joe Be Any real state agents in arizona that could help me?
13 April 2020 | 2 replies
And with interest rates at rock bottom, it's a pretty good time to take on a conventional mortgage (so long as your employment is secure in the midst of this COVID crisis).
Eric P. Coronavirus and vacation town impact?
3 December 2021 | 33 replies
As long as they loosen the travel restrictions prior to the Memorial Day I don't expect much to change.
Katrina Gillrup Advice for when using Hard Money
23 April 2020 | 18 replies
I thought as long as the objective BPO's, financials, etc. had come through fine, I would be good to get funded, but it was a hard way to learn that these mom & pop HML's are still going to lend if they think the buildings are pretty or not.
Alexander Grullon NEED HELP WITH SITUATION
14 April 2020 | 43 replies
Also, before you buy a Tesla or any battery operated vehicle make sure that your commute isn't that long because battery life isn't nearly as long as a tank of gas.