Mike D.
Sandwich Lease Option for Beginners
The market is primed for sandwich lease option investors. People are losing their jobs, listening to the news (chicken littles), or are simply looking to cash out...selling would mean losing your shirt and pants and f...
Greg Gallucci
Creative Financing
I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
Michael Finkelshteyn
HOA Lien, IRS lien judgements and foreclosure on a condo
I came across a seller (widow) that presented a pretty complicated situation and I am trying to determine if there is something I am not aware of that could make this deal work. Husband passed away beginning of 2014Th...
Matt Foster
Lease option strategy?
Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
Susan Kelley
Seller Financing Reneged One Hour Before Closing
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
Chris Clothier
Why are Canadian Investors Buying USA & Not Candian?
Canadian investors make up nearly 30% of the foreign buyers market in the U.S. and I highly doubt they will be influenced by a visa offer. Why do so many Canadian investors purchase int he states?
Why do they buy in...
David Cole
What Could Go Wrong?
I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...
Nathan Burnett
Private money lenders to front down payment on SFH
Hey BP!Wondering if anyone has used private money lenders for ONLY the down payment on a SFH buy and hold? New to RE investing, have a great opportunity to purchase first SFH. Ran the numbers on BP rental calculator a...
Alex Locklear
Seller buying me out of option contract
I plan to find an end buyer and have the seller buy me out of an option contract that I have with him. Before we break contract, however, we will both sign a promissory note stating that he will pay me the differenc...
Anthony Horn
My Second 3-Family Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Boston.
Purchase price: $750,000
Cash invested: $75,000
First of two 3-family purchases in Charlestown (Boston), Massachus...