Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...
Hi!So Ive been banging my head against the wall for months trying to figure out how to obtain my first investment property.Looking for owner occupied.If FHA, I understand mortgage may be assumable. Just an example, If...
Is that okay? I applied for the EIDL loan as a just in case the renters dont pay for a few months, but can it be used to buy more properties?
Hey BP I have a question if I have a gentleman wanting out of a property title that fell inside his lap and he offered to give it away not wanting anything in return.... The house has a 98k mortgage and 7k lien can I ...
I have the opportunity to buy a house in a great area from a willing seller, as long as they can continue to live in it after the sale. I am thinking I would try to use some flavor of seller financing but unsure how t...
Hi All,
I am moving and trying to determine which strategy makes most sense for my situation. I own a home in a A neighborhood in South Florida. Appreciation and rents have been strong, but I am concerned about clima...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $285,000
Cash invested: $10,000
6 bed/3 bath home. Purchase subject to the existing mortgage. The owners had $30k e...
I just learned about assumable mortgages - how are they different from Subject to?
Has anyone contacted an owner of a property that was listed as a short sale and offered to do a subject to? Is this possible?
For those of you that buy a lot using seller financing what structure do you start with when presenting to a seller? Let's set this up saying it's a $100K sale price, with about $75K Equity. You put 10% down leaving a...