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Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...
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My wife and I are ready to purchase our first multi-family, first investment property. I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month. After I scoped out the property, I came...
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This Saturday I awoke early, and got in my car to start my 1 1/2 trip to Philadelphia. Ron LeGrand, the millionaire real estate investor was set to speak. My Real Estate education goes as far as some courses and b...
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Creative Financing
In a Nutshell
Part One of ?
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There are No Rules as to how you can or cannot structure your creative financing deals, other than what is legal, moral, ethical an...
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Im the type of guy who likes to understand both sides of an argument. I recently have been talking to different brokers here in Maryland and I get what seems to be the same statement."We don't allow our agents to perf...
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We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
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My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
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Hi All,We just closed on our first buy and hold property, a four-plex. The units are currently rented, but way under the market price. I reached out to each of the tenants, confirmed they are interested in renewing f...
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I grew up in an atmosphere where my family had rentals and so now at 32 I currently have a house and duplex that I rent out here in California. I think I will lean towards apartment complexes as my next purchase and ...
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I just went to a 3 day seminar held by Christopher McClatchey called Real Wealth- The Power of Zero in Orlando FL. I highly recommend it for buy and hold investors. He teaches you owner financing with 0 % interest wit...