I'm creating my buyers list and I'm starting with searching the MLS for cash buyers within the last 6 months. On the county's website, they have "current owner" and "owner of record"; if there are different names ...
I know there are many benefits to owner financing deals for the buyer. Such as almost everything being negotiable, but what are the benefits are for the owner to agree to owner finance? A few months ago I closed on a ...
I'm purchasing a triplex which currently has tenants in all the units. I need to apply for a mortgage loan. I plan on living in one of the units, but what happens if I cant evicted in time of the closing? Do I need t...
Hi all!I was wondering if anyone could offer some insight on owner financing when the owner is elderly. For example, I am looking at a rental property an elderly gentleman might be willing to sell to me using owner f...
Hello,I am trying to purchase a house with owner financing, but I am unsure of what terms to negotiate. I am considering offering the full asking price of the house, a small downpayment (less than 2K), 2% interest ra...
Question: Is it possible to structure this deal where the current owner is able to keep the existing mortgage, while paying them off over time?Also referrals to someone that could structure this deal are appreciated,...
Today I was thinking about my direct mail results for the past 9 months:14,000 pieces mailed = 1 dealI've been mailing to absentee owners. They seem to fall into one of several categories.(1) Snowbirds (because I'm in...