Peter J
Buying on Contract
Can I have the nuts and bolts of buying on contract explained to me? If so, please explain in simple terms as I am a newbie.
I do appreciate the help and time!
Thanks
Joe Conklin
Seller Financing - Real World Deal
So I am working with an investor who is looking to owner finance a rental. This is my first time using this approach and have some questions. I want to ensure that I am understanding the deal correctly.Purchase Pric...
James NA
“ DEALS” that absolutely are not deals for the investor buyer
I learned and evolved in a different real estate universe.The rules we were taught and lived by… were the SAME rules that ALL of the REIAs and ALL of the Mentors espoused.1) DONT BUY A PROPERTY THAT HAS LESS THAN 25%...
Terri B.
Is it better to have debt than own free and clear?
I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
Jake Alsemgeest
KW, Ontario Cashflow?
Hello,I'm a new investor looking to buy near home (Kitchener-Waterloo). I've been getting properties for the past month from a local realtor, but it seems that achieving a cash flow positive rental property is unreali...
Rita Temple
FHA Loan and flipping first house
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
Jeff B.
Purchasing a lease option
My wife and I are looking into purchasing a home, using a lease option. We have every intention on living in the house, and exercising the lease (hopefully 2 years) and completing the purchase. The home is listed ar...
Chad Fagan
Good numbers but foundation problems in eastern Connecticut
Hi all,New to BP forums and this is my first topic, so I apologize if it's in the wrong forum.I'm looking to get my first deal and started off with a 37-unit condo association located in eastern Connecticut. Long stor...
Account Closed
How Are Subject-To Sellers Able to Qualify for New Mortgages?
Hey BP, I am almost ready to present a Subject-To offer to a prospective seller and this question popped up in my mind: If the seller agrees to the deal and a couple years from now is able to buy a new property, how w...
Amar Amar
No cash flow. Does it make sense ?
Hello All!I would like to know your thoughts/opinion.My wife and I are salaried employees. Our goal is to have a stable income stream 15 years down the line (we are in mid 40s) when we stop working. BRRR is not our cu...