Antonio Delgado
Creative Offer for an Existing Seller Take-Back Loan
I've built a relationship with a seller of a home that he owns seller financed. He has about $100k left on his mortgage with the seller and about $150k in equity. My question is, is it possible to subject to that exis...
Robin L.
Is vendor take back (seller financing) dead in Canada?
Hello Everyone,
Recently I have been testing direct mail marketing to attract private home sellers. Had some success with replies (abt 7% reply rate), the main reason is that I am able to negotiate more fixable terms...
Angela Hansen
Rehab to Refinance Hard Money Roadblock
Hello BP! I have ran into a Roadblock on my flip. I have a seller financed home that I have put a large down payment on and put around $10k worth of work so far. I have a hard money lender and we are pretty much set t...
Genevieve Vienneau
Vendor Take Back Offer vs Promissory Note - How to Structure Deal
Hi,
I'm working on making an offer on a quadriplex that needs work. My plan is to do the work, rent it, and refinance it. The seller is prepared to offer 20% vendor take back. I have a few questions:
- If I'm deali...
Nikki Cummings
Reverse Mortgage take back can't be sold for less than list price
I made an offer ($50K) on a house that has been on the market a week and was listed for $63K with $1K earnest money. They countered back at 63K and $6300 in earnest money. They said that because this is a Reverse Mor...
Jin Zhang
Can I legally take back a renter's garage and convert into an ADU
Hi everyone, If I want to convert the garage of a duplex into an ADU, can I legally take away the current renter's garage and convert it? Would I get into problems with the regulations? Any insight would be greatly ap...
