Hello all,
I am currently in the RE market to purchase my first property.
I am interested in a duplex/triplex to live-in rehab while renting out units.
My main obstacle I have crossed would be as a college studen...
My wife & I are just about to close on our second property and found out from the bank (Chase) 4 days before the closing date that their calculations for our DTI ratio are not within their comfort zone. We both wo...
So a RE agent called me to offer me private financing. He works with a group of investors. But their terms are a 5.5% fee of the sell price, 10% down, and 10% interest. It is expensive, but with this financing, I plan...
Hello everyone, this is my first time posting here and I am hoping for some contact information. Here is the scenario I have:Right now I have one rental property the house is a SFR and it is owned free and clear. Appr...
Hey BP,So I have been watching this house in my neighborhood like a hawk. It has been listed for almost a year and hasn't sold. Its listed for 250k and probably worth that if it weren't on a busy street. It is in a...
Hi,Does seller financing have any credit requirement? I understand seller will have terms that require specific down payment, rate and term length. Do they also assess credit and debt to income ratio like a convention...
Hello BP users, hope you all are having a good Labor Day weekend. I have a question concerning low money down creative financing. I'm not incredibly new to BP, but I still haven't pulled the trigger to invest yet, be...
When introducing/ wanting a seller to do 100% owner financing, how should I lay it out, what's an easy way to explain an owner financing deal to a seller?
I've recently been something like this.
Ill give you X amoun...
Should approach smaller bank for refinance for houses value around 50000? Speaking about houses in atlanta and detroit
Hey guys what are some of the suggested strategies you have used to find properties where the seller was willing to finance. Or is it just a hit and miss thing. What do you think.