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From a note owners perspective, I'm a little confused regarding what happens to excess equity when the note owner is forced to foreclose.
Lets say for example, I own a 2nd mortgage. For simplicity lets assume...
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I wanted to ask about the process of buying a house and renovating it. I've found a single family property in Michigan, not far from where I work that looks like it could be a good investment. I base this on the calcu...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $500,000
Cash invested: $500,000
1967 cape cod style home overlooking the Puget Sound.
What made you int...
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I'm 19 years old and I'm wanting to have 20 properties by the time I am 25. I have an idea on what I want to begin with but I would still love to hear some suggestions on what my first investment should be. I would li...
In 2015 we signed a Sales Installment Contract for $435,000 on a home in SC, paid $18,000 down & $3200/month payment. This past April the owner notified us he had gotten a divorce & needed to unload the proper...
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Hi everyone, I am looking to purchase an apartment building and after much searching I have come across one in which the owner is willing to do a Master Lease Option on. Here are the terms: Purchase price: $335,000Dow...
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I have been reading a bit about this , picked up a book by Lonnie that I need to read, however my big question for the group is if living in the Sacramento area makes this type of investing difficult due to the pri...
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For those of you house hackers out there, could you provide the numbers to your deals? What makes a house hack successful in your opinion?What are reasonable expectations of a househack? I have done a house hack t...
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Hello,So far we have 4 sfr in 3 different states. I'm looking at an 8 unit apartment complex. Is it considered commercial financing? And is that typically 30% down? I already have 4 conventional loans, so I'm not ev...
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What happens to a seller what they do a contract for deed or some kind of owner financing? The buyer is making payments on the underlying mortgage. How is the seller to qualify now for a new mortgage or can they?