I am looking to buy a small hotel or motel franchised that's a bank owned property? I am a new investor and this will be my first property. I don't have good credit I want to know if I can get funding for the project...
I'm looking on getting 2 properties from a friend that he needs cash for other business but he can't do a mortgage, and I'm looking to buy some property's, so I was wandering if I can open an LLC and then have him t...
I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I'm in preliminary talks with a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down p...
If owner will carry the agreement, will the Brrrr method still work? Especially if once renovated and refinanced by a hard money lender I could pay for the properties? Where will this leave me and what should I watch ...
I would like to buy a property, but have very little money. Here are the details:
Asking price $119,000. Recently reduced from $125k. 2009 "tax appraisal" $198k. Property taxes past due $5 - $6k.
6 units consisting...
I’m hoping for some direction on alternative ways to finance a deal. I want to stay away from traditional financing for this one for a few reasons: house is a gut and would never get approved, I’m planning a larger mu...
How'd I do that?
I'm using a combination of "Subject To" and "Seller carry back". So, theoretically $775k - $680k = $95k gross profit for me. Not sure what my net profit is yet, but it's pretty good. I'm satisfied w...
For those folks that believe in carrying debt on their balance sheet to finance long-term rentals I am wondering what ratios your banker cares about. I have heard they like to see 10%+ of your long-term debt in cash....
I'm selling a turnkey duplex and the buyer wants to know what kind of terms if I do an owner finance. I own it free and clear and was trying to raise money for a separate 1031 purchase.
PLEASE HELP ME BE COM...
Hi Everyone.
I am a real estate agent with four fix and flip projects under my belt. I am trying to purchase my first Buy and Hold Duplex - where I will also live. Due to divorce I cannot get conventional financing ...