Hi BP...Can someone explain what a wrap around mortgage is and how one can benefit from it? Thanks!
Looking at a $1m property. Owner having a hard time selling, we wouldn't mind owning, esp for Short term rental purposes.Owner owes $249k.We would like to use very little cash, maybe higher interest rate for the selle...
Rob, I think you would trigger the due on sale clause, but these forums discuss buying property subject to the existing mortgage, so maybe search that phrase and see what it says and if you could use it.
NOTE FROM MO...
My goal is to invest in small multifamily properties using creative financing.I am open to any mentorship regarding deal structures, network building, team building, construction management, and property management.I ...
Hello everyone, I have a question and I was hoping I could get some input from people with wayyyy more experience and knowledge than I currently have. I am new to investing and looking to do a fix and flip or a fix an...
I found an off market deal yesterday. While attending an open house yesterday a neighbor and I began chatting and it turns out he wants to sell! He is house hacking a 2500 sqft 6 bed 3 bath with current rents at $6000...
Hi,I recently purchased a single-family home using subject to financing. I took over the existing mortgage and am paying the seller monthly for their equity. I know I could throw together a google spreadsheet to track...
Hey guys,This may be a dumb question but what do we do if we are trying to wholesale a home with a pre existing mortgage?
Hello Bigger Pockets!! I am currently trying to find deals and wholesale on the Treasure Coast in South Florida! We have yet to complete a deal but we have started getting leads. I sent out maybe 25-30 texts this past...
Hello, I've befriended a neighbor in my neighborhood over the last couple of years who is in there 90's and no longer has any family left and doesn't necessarily know what they'd like to do with there house when they'...