Do you guys know of any resources that explain about wraps? I need to know more about them, and balloon payments. Id like to do a wrap with a 2 year balloon, incase a lease option tenant cant get financed. Id like to ...
Hi! I have some friends / ex coworkers interested in becoming my PML's. (Private money lenders) I am wondering how I should structure the loan though. I would like to see how others that have used PML do it. I would l...
Hey everyone, My parents have currently been in their current home for about 15 years and with my dads health declining, they are concern what will happen to the house. It’s currently only under his name. He wants the...
I have a really good deal in a hot area in San Diego.The seller is motivated, the home she inherited and it is currently vacant as she lives in another city and the last tenants moved out. I have built the rapport wit...
I have a seller that is currently behind on payments to the tune of $11,000. The mortgage owed is $170k, the property needs 30k in repairs and the ARV is $270k. I have the funds to get them caught up on late payment...
Hello All!I have a quick question.I have read a great deal of info about seller financing and I feel pretty comfortable with a deal I just struck with a worn out landlord. But I just want to verify a few things.Can an...
Hi, I've heard a few times from Brian Gibbons about utilizing seller concessions over rent credits. Can anyone explain the difference? Also is it still possible for a small time investor to put a house on the market u...
My husband foreclosed on a property in Texas and entered a legal battle to remove the borrowers. The borrowers sued my husband for wrongful foreclosure (but that's another story).During the time my husband *thought* ...
So, I've got a perfect opportunity for a Sub2 deal (the seller is totally on board), but I don't know what I need to do to make it happen. My local REIA said go talk to a lawyer, so I've got a few calls out.
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A turn key deal fell into my lap a couple of days ago. I seem to make poor decisions in life and no longer trust my decision making abilities so I would appreciate any feedback. Ten years ago I would have jumped on ...