Just wanted to clarify, seller contributions is when the seller contributes 2-5% to the buyer to help cover closing costs, should the buyer need it.
Is that correct?
So I have a highly motivated seller who has 2 mortgages.1st 219,0002nd 58,000 both at 5.3% =277,000 property needs 20,000 of repairsARV IS 310,000 she's willing to bring some money to the table to get out of property...
How do you find homeowners who own the home outright without having an existing mortgage? I am hoping to get a list so I can target them for seller financing. I do not want to deal with the "due on sale" clause.
I have been talking to a landlord who seems to be motivated to sell. He said he has horrible tenants who're behind on payments. He says there are about $1000-$1500 in owed taxes. When I ask him about seeing the proper...
Hey BP,So I have been watching this house in my neighborhood like a hawk. It has been listed for almost a year and hasn't sold. Its listed for 250k and probably worth that if it weren't on a busy street. It is in a...
Hi,Does seller financing have any credit requirement? I understand seller will have terms that require specific down payment, rate and term length. Do they also assess credit and debt to income ratio like a convention...
Hey guys what are some of the suggested strategies you have used to find properties where the seller was willing to finance. Or is it just a hit and miss thing. What do you think.
CRE: Have a client going into an exchange with specific areas and desired unit #s in Palo Alto area. Besides the typical waiting for Loopnet listings or contacting brokers with pocket listings, what other strategies (...
Hi Everyone,I have a motivated seller that wants to see there property asap but old 140,000 to bank property is off market last brought in 2010 for 155,000 property need miner work what should I do. Short sale
Hello bp how are you marketing for and finding motivated sellers other than bandits signs