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Hi, My name is Lorenzo and I'm brand new to this forum. I'm very keen to purchase a first home for myself and my family and am trying to learn the basics. I see that the LTV is sometimes stated for the current owner...
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Has anyone ever done an owner financed loan? If so, what steps did you take for that loan? How did you switch the title over to your name? How do contracts work with this type of loan? Can anyone point me in the right...
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Hello BP community,We are planning to list our property “in service” for short term rental use starting January ‘23. We are making some repairs to the property this year in the months of November and December. We purc...
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Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
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I'm about to purchase a single family home that will be owner financed in Milwaukee area. Any advise on this subject
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Do lenders view seller carry backs at the closing table as unethical?
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As I have been educating myself on REI, I wanted to know how much of a mortgage loan I could get approved for right now on my own. With one lender I was approved for $150k at 4.5%. I know it's peanuts for the CA mar...
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I have been interested in gaining control of apartment complexes through Master Lease Options. This topic doesn't seem to receive a whole lot of attention from BP. To all those out there who have tried a MLO on a ...
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So here is my dilemma. There seems to be two pretty good deals on the table for me. And I can only do one for now. Deal 1 3bed 2bath single family home rent rate around $1200-$1300 25k sale price (very motivated selle...
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Hey all, starting a short-term rental management company here in Florida and haven't been able to find any concrete information around if a license is needed to manage specifically short-term and/or vacation rentals i...