Rizwan Halim
How to divide this up?
My brother and I want to invest in a rental unit. He has the money to invest but I have the credit and am local to the property (i.e. will be managing the property).
So suppose he put in $50,000 towards a $400,000 p...
Raul Delacruz
Preforeclosure leads vs Back property taxes leads
As a newbie with no money , is it better to start finding leads with preforeclosure sellers vs back property taxes seller which one is easier and which is more motivated, i want wholesale because i have no money just ...
Jay S.
Post an example of your creative financing deal you've done
I would like to read an example of some of you guy's creative financing deal structuring you've put together with no &/or little of your own money down. I'm posting this forum to get a better understanding of how ...
Cole Soreano
Dealing with family members as Investors
My wife and I recently bought our first rental. Currently the property is a single family house which sits on a double lot and is zoned for multi family use. Our goal is to build a multi family unit in the next year, ...
Rory Korpela
Partnering on real estate development
We build single family homes, either for spec or for specific clients. An opportunity has arisen whereby we could acquire upwards of 52 lots (mix of townhome and SFR) from a local municipality. These lots are in an ...
Daniel Bowden
Subject to VA loan deal
I am working on a deal where the owner is deceased and has a VA loan against the house. The property is about to go into foreclosure, and the executor is willing to allow me to reinstate the loan and make the payment...
Ben Skove
Buying Sub-2 a HELOC?
I am looking at a house down the street from a current rental I own. The owner of 50 years just passed away, and the closest surviving kin is a nephew. He's looking to move out of state soon and wants the sale of ...
Joe Stout
Selling a Seller Financed Deal
Hey guys! I've got a deal I'm going to have the seller finance 100% of at a 1% interest rate. Assuming this deal closes, what will happen when I want to sell the house? How does this work with the mortgage on the home...
Scott Fain
Does the law require me to have a note servicing company?
I'm in the process of purchasing a note in Michigan and the seller of the note says that I'm required to have a note servicing company in order for us to complete the transaction.I'm looking to service the note myself...
James Sullivan
Seller financing help??
I think I may have posted this earlier in the wrong location.. Sorry
Ok, I have been reading about seller/owner financing and still I am a little confused. I am in a scenario where the seller owns the propert...