Good evening everyone have anyone heard of carrying back papers is can you give me a good example of its meaning
I have heard of others using a seller financed carry-back as a 2nd position to finance a purchase. However, I am being told this is not possible by the bank. Is it not possible to say, on a purchase price of $100,00...
I am doing research on different options to buy a RE investment.
Does anyone that has experience with Seller Carry Back have any tip, good stories, bad stories that they would be willing to share?
Thanks in...
Found a FSBO SFR that the owner is selling 100k, or so, below market value. He sent me the appraisal from 6 months ago for $370k and CMA's are around $350k. He is asking $270k with the agreement that he can continue t...
Let's be honest, a lot of investment properties at current valuations don't pencil out. Combined with a more difficult underwriting and lending environment, there are fewer deals to incentivize investors and seller's ...
I have a question to give myself clarity:
I want to buy a 350k apartment complex. I don't have my business line of credit yet. Property already has good cash flow.
If the seller agrees to a carry back 50k, how does...
Hi everyone, I'll try to keep it short. Seller is selling two manufactured homes on one lot. Asking $400,000. I have not seen the place aside from photos online. Has been on the market for almost 10 months now. Seller...
Have a 16 unit trailer park that I’m trying to close the owner is willing to hold 25% of the deal. I’m trying to find a lender that will only make me put 5% down because the seller will have a Second position of 25% o...
Hello all, I am new to BP and this is my first post/question. I am finally looking to jump into the deep end and land my first deal. My question is does anyone know of any viable seller financing options for shor...
Hey BP family,One of my mailers might have produced a potential buy and hold deal for myself. Still being so new to the game I'm not to sure how to go about this. The seller is motivated to sell, just waiting till the...