We were approached by a buyer with a seller financing offer. We have no mortgage on the property.10% down payment6% interest amortized for 30 years but with a balloon payment due at the end of five yearsWe'll be taki...
I received a counter to an offer I gave a lawyer and his client a couple of weeks ago. They are looking for a 10 day close. I initially wanted 30. Is 10 days enough time to do my due diligence? Also my initial offer w...
Ok so I made an offer on a mobile home park and it was turned down, they said they wouldn't let it go for any less then a 10 CAP. So help me out so I can make a reasonable counter offer. On city water/sewer and it i...
Besides craigslist or rent.com how do you figure out what market rents should be in your area?
Hello Big Pocketeers!I am in dire need of help coming up with a counter offer for my primary residence which I am selling. Long story short, we want out of the house so that we can have more money to buy our first inv...
I just got a property under contract, it is my first deal. It's a short sale. The offer still has to be approved by the sellers bank. My agent has told me that I should get an inspection done right away, but it mak...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jacksonville.
Purchase price: $175,000
Cash invested: $38,000
Contributors:
Corey Clarkston
2/1 Bungalow w...
I have found a home and owner willing to accept owner financing as the property is categorized in a way most loans from banks will not work with it. The owner is willing to do owner financing but I received this forw...
Can anyone give me insight on funding for flipping (F4F)?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $50,000
It's a freshly updated 4 bedroom, 2 bathroom ranch home. Fresh paint throughout, be...