HI all,I am closing on a 9 unit "c" class property in SE Minnesota, and the price is 400k with about a 9% cap rate. this is my first deal the is not residential, what type of terms should i expect to see for this size...
We're thinking about putting in an offer to an owner he wants 30% down on a mobile home park He will carry the rest of the loan I'm a bit confused because we're not using a realtor this time and we're going to try ...
I have been reading all of your posts for the past few days and have decided to sign up to be a member. It seems as though many of you have a wealth of knowledge to offer. So here goes...
I have a letter of intent to...
You can look back at our 2021 Year-end Wrap-up Post for further perspective.Economy- my perspective right or wrong throughout 2022. This is the basis for some of our business decisions. Basically, put our money wher...
Hello everybody, my name is Jon. I am a beginner in the real estate arena, and have decided to make the first move towards building my empire. I have studying and researching different methods of real estate investmen...
I have a property that I am looking to sell by offering owner's financing.
My primary goal is to amortize the loan for 30 years with a 3 year balloon. Reporting to credit agencies will help the buyer refinance out ...
So I am stripping linoleum tile adhesive off of beautiful wood floors (yeah people are stupid) getting my rental property ready to rent and listening to the latest BP podcast on creative financing and got an idea a...
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
I'm just trying to think outside the box here. Please note I have virtually no knowledge regarding mobile home sales. From what I've read Dodd Frank has pretty much put an end to rent to own and lease to own options...
Hello, I am hoping someone will know the answer to my question. A little background: I have been seeking to invest in pre foreclosures. I am part time, so I can only put so much time into my marketing. One method I am...