I am in the final stages of my first real estate fix and flip project. I have a conventional mortgage note on the property, and to finance some of the construction so far, I have drawn out several personal loans. I ne...
Hi BP,
I've posted in a here a few times in regards to wholesaling. My question is, what options do I have if I want to wholesale a property that has an existing mortgage balance? Is the new buyer responsible for it...
What are the necessary steps needed to obtain seller financing? I already have a seller in mind just need to get them on board. I want to make sure I have ALL my ducks in a row. This seller has a mortgage on the home ...
Hi - I am looking for ground up financing on a property I own in Fort Myers on 1.91 acres. I currently have a site plan, rough drawings & have architects, contractors & planners working through this process. ...
I had an Attorney set up a sale subject to the existing mortgage on a house I Mortgaged. The deal was set up under my corporate name with me signing as representative of the company. I donated my interest in the hou...
Good Afternoon BP family, I have been down the rabbit hole that is seller finance and subto for wholesaling. In my high equity high desirable area of florida it is the perfect REI niche for me, with that being said I ...
I would like to get some feedback on the following scenario:
I acquire a property “subject-to†with a retail value of 200,000 for the balance of the existing mortgage which is 160,000 and has a payment of $933 pe...
I have a property I want to buy from a couple getting a divorce, but it has an existing mortgage with a balance of $150,000. Asking Price is $180,000 with $20,000 down payment. He's okay with seller financing, but is ...
Hello Everyone! I have VERY recently started acquiring property through judicial foreclosures, where I am bidding on the second position and acquiring the property subject to a first mortgage/DOT ( and a 6 month redem...
I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m...