Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
Is it legal to sell a house on a wrap that you own subject to in Texas? I know there are quite a few restrictions in TX in general and wondering if anyone can weigh in on this. Thanks!
So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...
I'd like to learn more on wraparound mortgages, AKA AITDs or Land Contracts.
Any suggestions as to what to read and what to avoid?
Thanks.
i been trying to understand how to use & profit from wrap mortgage but i just can't get it. Anyone friendly enough to explain & give an example in layman term?
Hi Everyone,
Alright so I'm in the middle of my first "seller carry" deal, there is a property that the seller is can no longer afford the payments to and have negotiated the following with the seller. They will all...
I'm new to doing owner financing deals. I'm having a hard time figuring out what contracts to use when buying with a wrap around mortgage. Besides the purchase and sale agreement what other contracts would I need?
Hi All,I'm set to close on my first deal early next month and am really excited. I've learned a lot during this first deal, most of it through trial and tribulation. I ran into something that although it was a non is...
If i managed to get the seller property by paying his mortgage and then i seller finance the property to a buyer. Will there be any usual PSA transaction when the seller give me his property title? And there is a PSA ...
Hello BP
My partner and I are new buy-and-hold investors in small multifamily properties in Atlanta. We recently purchased a 4-unit building with an adjacent 9-space parking lot in Midtown. We're self-manag...