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Good morning BP members,So I am really trying to nail all the details about how seller financing works.What I am still fuzzy about is:1. Does the seller work with a third-party mortgage loan company to establish the l...
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I understand the downsides to doing this, but has anyone sold a house with an existing loan on a contract for deed? I'm about to do my first one and I want to know if after I complete the contract, if at some point I...
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I was wondering if anyone has ever done a seller financed deal with an installment sale contract? I was hoping to avoid a DOS from the bank by doing this.
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Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $101,000
Cash invested: $50,000
A SFH in the University Heights neighborhood of Indianapolis, India...
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Investment Info:
Single-family residence buy & hold investment in Springfield.
Purchase price: $145,000
Cash invested: $50,000
Contributors:
Nick Kime
This is about the Exact same...
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Hi everyone -
Looking for a few quick answers so as not to mislead a potential Seller.
Is an installment sale (land contract) treated the same as seller financing (complete transfer of ownership with Seller carryi...
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Hi All,I am a general contractor in central mass who also has done some flips for realtors and myself. I have been looking for an off market deal for an investment property and have found one. It is a small single fam...
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I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit. Isn't that going to hurt me when it comes time t...
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Good afternoon ya'll - Still narrowing in on a region to focus on, but leaning towards N/NE coast (Carolina, Rio Grande, Fajardo, Luquillo, Ceiba) given the volume of properties compared to other areas; I'm also becom...
Hello Bigger Pockets! This is my first post so feel free to give me any and all advice!
My Wife and I currently have a 2 year old girl and another one due in May. Instead of paying for the apartment we had in the loc...