My question is how do private money lenders earn their money back? Is it just monthly payments from the buyer? Can anyone give examples?
Spec builder wants to build on an expensive ski lot I own. He is willing to pay full price (even 5% over price in a year), but give me nothing today. He wants to take my lot with what I guess is an option, along wit...
Especially if it's a bad deal. Do you show them the spreadsheet showing that it won't be beneficial to you? Not sure if it's a disrespectful thing considering I want to continue getting listings in the area.
I'd say ...
What’s the best way to draft a purchase agreement without realtors? I’m attempting to buy a house from an elderly family friend who would like to sell the house to me. We aren’t involving agents, and I need to draft a...
I have a friend who has a typical investor financial picture who needs an owner-occupant loan. Here is the story: FICO husband 695 / wife 670purchase price new construction: $469kProperty in Denver COloan amount neede...
I am representing a seller as their agent, and they would like to offer Owner Financing. I understand I am obligated to direct them to their nearest attorney to draw up the note, etc. But what are some fair terms that...
I have a buyer for my California acreage (that includes a large RV) and we agree on basic terms. We'd like to hire someone to guide us through the transaction so it represents on paper, and to the title company, what...
Good Evening!!! I haven't joined discussions recently as I am working a deal and trying to complete the extensive renovations. I got word from my property manager today about the issue below. I submitted this letter...
I have three off market investment properties for sale in Indiana. When I say off market, I mean that I am selling them privately. They are not listed on the MLS and I have no seller agent involved in the transaction....
Smartmove is being a pain in the butt. Is there another service out there that I can use?