Hi,I have a small multi family which I bought at the beginning of 2021.The loan is an FHA and has a 1.87% interest rate.I know in certain circumstances an FHA can be assumed by another person.My idea is essentially se...
I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? S...
I'm really inspired by Pace Morby's eloquent talks on creative financing. In particular, the sub-to strategy is fascinating. It got me wondering if there was a sound strategy for handling a shared title and mortgage i...
Haven't found many materials that cover key clauses in multi-member LLC operating agreements. For equal % members, how do you determine contributions, distributions and exits? For instance if a member decides to take ...
I am a private lender financing business purpose loans for investment properties in california.I like to service my own loans as that gives me an opportunity to keep in touch with my borrowers and also turn them as my...
Hi everyone!It recently came to my attention that my grandfather has way too much money sitting in a standard savings account earning a pathetic less than 1% interest rate. My grandfather's gears turn in money and I'm...
Hi,I have a house in Denver that I have owned and lived in for the last 27+ of 30 years. I now have a renter in there who may be interested in purchasing the house from me with likely owner financing. My 250K tax bene...
Don’t know much on seller financing or how it’s reflected in the closing so any info even basic would be appreciated. I have a deal where it would be seller finance I’d put 25% down - on $275K with balance 30 year amo...
Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
I'm working with a family to purchase their property before they go to sheriffs sale. The price will be what ever is owed because they are also in bankruptcy. The catch is the second mortgage on the property. Accordin...