Hey all,I've been watching a lot of subto and seller financed videos, but I'm still unclear about h ow you analyze and structure the financing side of this. A couple of examples:1) Seller Finance (I'll use easy number...
Hello to all! Looking to do a 1st lien Heloc, property is in the Charlotte NC area. Anyone have a recommendation for lenders?Thanks in advance, Jim
Hello! I have come across a subject deal. They are asking $15K + Subject Deal ($58K + $310 per month interest). I am trying to finance via Hard money and around $30K-$40K in rehab. Do I add the $15K to $30K-$40K rehab...
I would love to know how HELOC works, the money I borrow would go to a new loan or add to the existing mortgage? Would the interest on my mortgage go up?
I have read many of the posts here about subject to deals. I understand the concept but would love to hear the nuts and bolts of the deals. I assume the contract says subject to the existing mortgage dated XXXX with...
I recently acquired a property in Alaska through a quitclaim deed. There is a mortgage that is still under the previous owners name that I have continued to pay the payment on. The property has a small residence and a...
If I own a house that I owe an existing mortgage on, can I turn around and sell it owner financed?
For example with some made up numbers, let's say I owned a 100k house, and I owed 60k on it at 3.5%. Could I turn ar...
Hey everybody,
So this question goes out to all you wholesalers out there! And to all RE pros, ok everybody. I say wholesaler because well I've done pretty much all my homework on that particular strategy. So my ques...
We have been looking for ways to invest assets to build long term wealth and income. Have been investing in stocks and employer sponsored 401's and not impressed with performance and long term prospects if we maintain...
My wife and I recently purchased a duplex "house-hack" together. She had a short sale a few years back so we financed this through FHA. I am looking into another deal with a partner on a SFR. My gross yearly income...