Steve L.
Software to keep track of Loans/Notes Interest Rates/Pmts
I have a group of smaller investors that give me loans on a per project basis or into my business and we negotiate different scenarios for everyone.
They're all parties I have an existing relationship with, so I am...
Glenn G.
Do You Use LLC for Sub2 deal?
For those that are doing sub2 deals, do you go to contract with your LLC as the buyer? Is it even necessary to use a land trust? Any problems with a Bank of America FHA insured loan being called due? Thanks in advance...
Joey Baghdadi
Financing my first deal
Hey Everyone!I'm currently looking at buying my first duplex and I think I need some creative financing solutions. My mortgage broker that I worked with to purchase my last house is asking for 25% down since it's an i...
Juan Rodriguez
Sheriff sale questions, Lis Pendens, first/second mortgage and child support
So I’ve been attending the sheriff sales, studying cases and read as much as I can in regards to foreclosures prior to making my first move on this type of auctions. So far I have only done an REO flip so I’m still a ...
Crystal Salton
Need help structuring a offer with 10% down and a seller 2nd?
We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough ...
Mitchell Benson
REO, Getting on the Account, Assume the last mortgage?
To get straight to the point. There is a home down the street listed on HUBZU. I"m the winning bidder for 5 straight weeks. They lower the price about 6-8% per week. Just 2 more weeks or so and it would have been a gr...
Edmundo R.
Trying to sell some unwanted property
Several years ago, I got into Ebay land prospecting and I bought a 1+ acre parcel in an approved subdivision in Northern Arizona. The area is remote and I don't see any significant development happening there for some...
Mark Saxon
Seller as Private Lender
My credit repair guy just told me that the owner of the property I want is willing to consider selling on a land contract. My credit is 580 based on Equifax's FACO, and the seller has been lenient so far in waiting f...
Justin Bicket
Contract for deed questions (Seller Financing)
I recently bought 2 houses in a lower income area of Omaha, NE. I am interested in selling them via 'Contract for Deed'. I own them free and clear. I was going to set the loan payments around what normal rent would be...
Steven Bays
Owner financing questions
Finding a few properties that are OF, what questions would you ask from most important to less important. There are some properties I like that are advertised as owner financed and before I go in and make a fool, what...