Hi guys, I need your help. I am looking to work on my first seller financing deal. I am still new in the REI game, so any and all help is appreciated. I live out of state and would have to hire local property manage...
Hello everyone! New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm curren...
Ok so I bought a house cash, fixed it up and sold it with owner finance. Now the new owner is asking for monthly receipts of mortgage payment.
Is there an obligation for providing this? Should I be sending quarterly...
Hi,Here is the story. This house has been on the market for over 2 years. Its a cute little house that always pops up in my searches. I've only seen the outside of the house. Last year they were asking $85,000. Now th...
I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.
If I choose to pay weekly, is this better? Would I end up mak...
Can anyone help me with my situation? I have had a a commercial loan on one of my properties since 2017. I was told that I was getting a 15 year amortization with a 5 year balloon. The balloon payment is due in the ne...
We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
Hello everyone! New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm curren...
I'm buying a cheap property and the owner is holding the financing. I proposed to the owner a payment of $100 per month principal and $25 a month interest with a 7 year balloon and she agreed. Her attorney got ah...
I have been analyzing many properties with this exit strategy in mind. My only issue is I want to make sure I am doing it properly. Acquisition will be through hard money for a year. Refi will be with another insti...