Adam Smith
Favorable terms when buying a Seller Financed home as rental
I'm about to purchase my second rental using traditional means (20% down, bank, blah), but want to acquire my third property faster this time around. A very successful investor I met suggested going to my local REI m...
Ed Poltonowicz
What do you think of these terms?
I am purchasing an 8 unit residential building for $725,000. Instead of putting down 25% I am having the lender cross-collateralize for an equivalent amount on another property that I own free and clear.
The terms a...
James Allen
Purchasing 14 Unit Apartment Question
I currently own 1 Duplex and 2 single family homes. I am under contract for another single family home and have a large sum of money set aside for this closing that is happening in mid-January. I recently have receive...
Luke G.
2-years since I started in Real Estate- 43 Units
I'm not necessarily a new member, and I've debated back and forth on doing this for the last month, but I think this post could help others get started. A little background about myself, I live in a small town in nor...
Kyle Buterbaugh
Owner Financing: Yes or No?
Hi Everyone,I am currently in the process of developing an offer to buy a duplex that is for sale by owner. It is listed for $54,900, and I have been number crunching to figure out what is smart for me to offer. Now, ...
Shannon Moore
First Deal...Any Thoughts?
I have been reading all of your posts for the past few days and have decided to sign up to be a member. It seems as though many of you have a wealth of knowledge to offer. So here goes...
I have a letter of intent to...
Anthony S.
Deal Analysis HELP
Hi there,I'm in contact with a very motivated seller. I'm
planning on making an offer on a 3 bed 3 bath townhouse in the East Bay,
the market value of the townhouse is $370k. I will be giving the
homeowner 2 opt...
Austin J.
Need some advice guys!
4plex for sale for $134,900. "Well maintained brick and vinyl 4 unit apartment building. Fully occupied with all tenants on a month to month lease. Unit 1-includes new oak cabinets and new carpet. Owner pays this unit...
Eric Knittel
Private money between friends
Hi everyone,I am interested in borrowing money from friends and family to buy more real estate. I have used hard money in the past and I am trying to see if I can eliminate some of the costs associated with the HM len...
Dave Hurt
Creative Finance Question
Hello everyone, I have encountered a very motivated seller in my direct mail campaign, and she is open to creative finance strategies (in fact she prefers monthly income over a lump sum) - this is exactly what I've be...