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My bank has agreed to let me finance 75% of the selling price with them. I’m wondering if it is possible or is anyone has had experience financing with a bank and also seller financing on the same offer. So for exampl...
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So, I wonder what is possible consistent with IRC 453 (for installment sales). This derives from a close reading of IRC 453 and/or Publication 537 (which deals with seller financing).1. If the buyer doesn't want to d...
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Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing busines...
Hi,I own three properties and am looking to purchase my fourth. This new one, though, is the first one in which I am going in with an investor approach. We purchased our first home with a conventional mortgage and t...
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Hello,I see a property(it’s a 4plex) that just went live on the MLS and is being listed by an agent. Is it a waste of time or dumb to contact the seller or the agent and see if the the seller would be interested in se...
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Is this possible?The property I’m looking at is currently fully rented out (one unit is on NNN). is it possible to qualify to put less than 20% down since the building proves there is income already? Or is it possible...
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We have a SFH and a duplex that we own free and clear, and a duplex on which we have a residential mortgage. Each of these properties is in a different location and was purchased at a different time. Is it possible to...
Hi BP!I got into real estate after I got Rich Dad Poor Dad as a Christmas present my freshman year of college and I've been a longtime reader and listener of this site, but this is my first time posting. I love the su...
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Ok so for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rent...
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So I'm looking into investing in a duplex with a close friend and I'm not sure how to go about the deal.Here's what we're thinking: he finances the loan, and we each contribute 50% of the down payment (around $18k eac...