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Seller Financing Arrangements
I have an office condo for sale. I’m considering a seller financing arrangement. What issues should I consider? What should I be aware of that can make the transaction bad for me as the seller? What should be my bi...
Carlos Esparza
Family and friends as investors
Hi BP community. I just bought a house (first purchase) from an owner and looking for ideas on how I can flip this house with the support of friends and family. I'm not sure if this info will help but, I purchased the...
Ryan Newport
Seller finance difference between appraisal and offer with FHA??
FHA loan product. If my appraisal came in at say, 250k, but seller insisted on wanting 275, can I seller finance an additional 25k. Does FHA allow this? I know they specifically do not allow seller to finance a down p...
Mike Schorah
Tax delinquencies: What’s a better list to market to?
A list of 9 months late tax delinquencies or a list of tax delinquencies going to sale in 30 days?
Would the tax sale properties be difficult to wholesale like mortgage foreclosure auctions?
Would it be worth filin...
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Question On Non-realtor MLS access in Illinois
Hi all
Is anyone accessing the MLS without a license in IL? I was about to apply for mine just to access the MLS but from doing searches on here it appears that it will conflict with my wholesaling activities. Plus y...
Jonathan Napper
Mix of Mortgage & Seller Financing
Hey everybody, quick question.If the seller is carrying 55% of the Note on a property and I am mortgaging the rest, how does the mortgage get secured? I cannot use the actuall property, correct? If it fails, wouldnt ...
Jeanine Brunings
Steps to take for a Mortgage Assignment
Hi fellow investors,An owner of a property to be foreclosed tomorrow, called if I want to buy their property.What are the actual steps to assign the mortgage? Thanks for your reply!
Dan Funk
SDIRA investing with land contract
Does anyone know whether using SDIRA LLC funds to invest in rental properties with 15% down payment and a land contract with the seller will avoid the UBTI? Or is a land contract still considered UDFI?Thanks,Dan
Michael Vallee
New to Notes - need advice
Can I create a note against my own property and sell that somewhere? I'm trying to convert some equity to liquidity.
How would I set this up and where is there a marketplace for this paper? For someone who has cash -...
Bill Gulley
DEED IN LIEU OF FORECLOSURE and PRE-ARRANGED DEED AGREEMENTS
Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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