We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing. Is there anyway to do this wi...
So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...
In California, the statute of limitation on unsecured promissory notes is 4 years from the date of the first default (with several exceptions). More generally, the statute of limitation on written contracts is 4 year...
A lady called me with a nice house in a nice neighborhood that she wants to sell for what she owes which is $108k, and it is worth $150k. It needs no repairs, since her son is one of my best contractors who told her t...
Hello all! This is my first post after several years of being a fan and finally completing my first live in flip. Excuse me if I post this under the incorrect category.I’ll try to keep this short. I’m looking at purch...
Hello everyone!
Any input would be greatly appreciated, especially if you have sub2 experience.
Heres the Scenario.
My partner wanted a Personal property for himself, called on a FSBO and the conversation went wel...
Has anyone raised private money where the lender opens a home equity line of credit to supply a deal? How does that work? What interest rate do you offer? What happens to the owners lien on the property? Can they sell...
I am looking into purchasing an REO, rehabbing it, and holding on to it as rental for a year or two and then selling. I plan on using private money for the deal, in this case a good friend of mine's self directed roth...
Trust deed investing, also known as lending on trust deeds, has grown in leaps in bounds since 2009. With banks in turmoil in 2009, it prompted a surge in private money lending from 2009 to 2015. So why such interest ...
HI,
I am not new to investing, as I trade securities for a living...mostly stocks, bonds, and futures. However, I am new to Real estate investing.
I have a question that has to do with what is essentially considere...