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I'll try to keep it short. Wife and I are interested in buying her mom's home. We currently own a town home, have a young family, and have been gearing up to start looking for something larger. Mom wants to sell it fo...
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I have a seller of a 3-unit that is open to owner financing but is a little hesitant because they got burned in the past from a previous type of deal. In the past they did a similar kind of deal but the person they ow...
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When I go into a new market I try to buy a property quickly. It gives instant credibility. Once you buy a few the deals start coming from all places you wouldn't expect.I met a business owner in town and became friend...
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I’m just starting to get my feet wet with the subject 2 strategy. I’m targeting Pre Foreclosures hard. My question is what are ways that have been used to fund the reinstatement fee to take over payments for seller? I...
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I know just enough to be dangerous but not enough to not get myself into trouble. I have a lead on a place that the owner would consider some sort of alternate financing. He still owes about $250,000 on the property....
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Hi guys,I was thinking of buying a house with a sellers financing.Since the seller is old, around 80 years old, what is the way to structure the deal so if the seller dies, I would not be left without the house?Would ...
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Hello,I am a new investor and I am looking to purchase a 4 unit multi-family in PA. I have two options to purchase this property, please let me know which option you would choose and why?1) Purchase the property with ...
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Hello,
In September after being with my PMC for 1 year I decided to switch to a new PMC and so far I am a lot happier with the new company. My previous PMC would take way too long to send me my rent payments. The las...
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I'm working with a small firm with a broker that hasn't done any property management before. He's willing to let me do some property management, but I have some questions about this easiest way to set this up for my b...
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I'm working hard on building my down payment cash right now, but I can see that if I am to get started sooner rather than later I will need to borrow some money from a relative.How would one go about structuring a loa...