Hoa Nguyen
Contract For Deed as seller
Hello all, looking for some clarity on a potential Contract For Deed sale. I possibly want to sell one of my properties to an investor connection I have via CFD. I am still confused on the process, specifically with t...
Dw Chalmers
Seller financing deal break down
Investment Info:
Condo buy & hold investment.
Purchase price: $17,200
Sale price: $30,000
we purchase this deal using seller financing sales price $17,200 $8,000 down $400 per month zero interes...
Garrett Pearson
How much value does a bedroom add?
Hi. I have a question that I am hoping someone can answer. If there was two townhouses that had the same square footage, age and neighborhood (some in the same subdivision/street) and one was a 2 bedroom and the other...
Zac Gilliam
Thought provoking questions--I hope!
Hello! I hope everyone is doing well. I've been running an experiment (sort of?) with a goal of understanding problems faced by other entrepreneurs/business owners/investors, etc. So I thought I would present this que...
Kevin Miller
Question on Closing my First Deal
Hey all, I have not posted on here in a while and I know that is my own fault. I have been reading blogs that other have started but I wanted to ask for a step by step to getting this first deal done.Here is what I ha...
Erich Berry
Newbie Investor: What if the seller wants down payment?
I just sent my first LOI to a seller who can't sell her house. She is open to a lease option but asked how much she could get as a down payment. I'm thinking NOTHING but instead I told her we could discuss that down...
Charlie Massey
Option/purchase ideas for off market apartment
I have a 14 unit apartment building that is off market. It is of course fully occupied because rents are almost half of what they should be. 3 sisters own the property now, but their dad owned the property for 30+ yea...
Jamie Hogan
Wrapping Condo
I'm looking at a condo in a couple of days. The owner is willing to do a sub2 for only the outstanding amount. I can't rent it. I have an end buyer in mind and plan to wrap the note. I've never bought a condo befo...
Mark D.
Lease Option Deposit Refund
My property management company in Memphis wrote up a Lease Option contract on one of my SFR's in January 2011. The buyer/tenant gave a $4500 deposit and had 12 months to exercise his option. Well, 6 months into the co...
Camille T.
Artificial Intelligence Real Estate Appraisal
Has anybody used an AI program as a back up or check, or for preliminary screening on any investment properties? I am in escrow on a multi family and the lender is also the seller, so I'm going to either get my own ap...