Has anyone used a "Commercial Equity Line of Credit" (CELOC?) to refi a group of properties? My thoughts were to have the current commercial (Hard money) mortgage liens released prior to getting an CELOC. I know the h...
Im searching the web as for now to find some FSBO properties. And all this contract talk had me thinking about the contract itself. Where to get from, do you make it yourself, if yes how do you know its good enough? C...
Recently, I came across this program called, “Replace your mortgage” by Michael Lush. During my first call, they collected financial information and I was told I could refinance my existing mortgage into a HELOC and u...
A property I listed on the MLS had the listing expire after 6 months. Shortly after an investor reached out wanting to take the existing loan subject to and purchase my property at full list price but do seller financ...
If a seller refinanced a house at around 220k and has about 120k left in mortgage, but the house also appreciated to 450k, how do I structure a subto/seller finance deal?I'll subto his existing mortgage and pay off th...
i am wondering if i can wholesale a property worth 49k with an existing mortgage of 90k if yes how would you go about it. he is begging to get rid of it.
Outdated property current as is value around 230K in Seattle's Beacon Hill type area. 4 bedrooms and 1 bath. Single level. Detached Garage. Existing Mortgage of 210K with monthly PITI of $1500Needs 60-75 Cash to move ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Nice little purchase via subject to the existing mortgage. 3.25% rate, not bad.
How did you finance ...
When filling out the TREC 20-12 contract, if the purchase will be subject to the existing mortgage, can someone explain to me how I would fill out paragraph 3 and 4?