Hello, I am a wholesaler and I am hoping to find a buyer for a seller that would be happy to owner finance and I have some questions. The potential buyers are all interested in flipping the property, not keeping it lo...
So found a little house for sale that is listed with a Realtor. The price is 39000 but I was told that a guy put an offer in of 20000 and it was excepted. The guy backed out (he was trying to resell the property wit...
I am on the verge of accepting private money from friends and family who trust me and know the capability of the business. I am struggling to understand just how much I should be charged for the private money. They ar...
Hello all. We are in the process of purchasing another personal home and turning our current home in to a rental. I have heard in the past about a strategy where you send in a separate monthly payment for principle ...
We're looking into conventional mortgages for rental properties. Our business strategy is to buy 2-3 per year, and have them be paid off through rental income in 10-15 years max. Meanwhile we'll rehab and sell as many...
Hi BP, outside the obvious benefits we enjoy as landlords/investors I find it extremely rewarding to help people in different situations by providing safe and viable housing options in a pricey and competitive market ...
The mortgage is due on the 1st. I'd like to have the rent due on the 15th. While I do have funds set aside to pay the mortgage in the event that rent is late, I like the little safety net of not having it all due at t...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
I am looking at purchasing a property using Contract For Deed while the seller still has a mortgage on the property. This would be my first Contract for Deed transaction so I have been taking tips from others in my ar...
I have a property that i want to only Rent or sell with owner financing. There is one issue. Because the price of the property has gone down, if i do owner financing it, it creates a Negative amortization.
The prope...