Hello, I am purchasing my first creative deal and we have negotiated terms for the seller to carry financing on a short term balloon structure to give us enough time to either flip the property or refi. The seller ha...
Anyone have an opinion on Owner financing from the seller's perspective when the seller has a mortgage on the property?
What does it mean when an investor buys a property "Subject To" an existing mortgage?
Hello,I have a question on refinancing a home. I'm in the process of a subject-to the existing mortgage deal. I will have a quitclaim deed done and the house will be in my name. Is there a waiting period to refinance?...
I have an off market deal that came my way and need some advice on possible ways to finance/structure this deal. The property is a 4 plex and I actually own the 4 plex next to it, so I know it is a good property/area ...
Hello, I’d like to know how investors typically handle Subject To contracts. Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass th...
Investment Info:
Townhouse fix & flip investment in Virginia Bch.
Purchase price: $119,282
Cash invested: $30,000
Sale price: $181,000
Contributors:
Taylor Hudgins
Bought this...
Is it typical for lenders to allow 75% of rental income on your previous property to help you qualify for your next property? Would love to hear your experience with lenders and scaling your portfolio with the right o...
I have a good opportunity with an off-market deal that is currently exclusive to me. The purchase price is right and the seller has an assumable mortgage in place at a very good rate. The problem is that the mortgage ...
I found an owner that bought three multifamily properties last year with the intention of renovating them, and then keeping them long-term. He got really busy and only was able to renovate one of them now his construc...