Brandon Wulff
Question about seller financing
Hey BP community,I have a question for all you creative deal people out there. I have a friend of mine who owns 6 rental properties here in Vegas, and one property that they live in. They are planning on moving to V...
Stephen E Drew
Structuring A 2for1 Great Deal
Hello Everyone.! I have been keeping in contact with a motivated seller for over a year now. They own a vacant single family as well as a newly renovated 2-unit. They are elderly and the husband does have health issue...
Miah Atwood
Confused about seller financing! - please help
If I pursue a property with seller financing, is the house immediately mine with the contingency that the original owner gets it back if I default? Or is the house transferred to me one the balloon payment is due? Als...
Shawn Mcenteer
craiglist short sale, need some feed back
I am currently speaking with an individual looking for an investor to purchase his property from him at a discounted short sale (not familiar with discounted short sale or if it even exists) and sell it back to hi...
Micki Yara
Purchase agreement terminology
I want to purchase a lump of rental properties (they are tied together in seller's mortgage, etc...). I want to make a contract to pay the existing mortgage off and then seller finance the rest of the balance. Because...
Charles Wheeler
Help! Pulling Out Equity
I have a buddy who bought a duplex in Chicago about 1 year ago using FHA loan, he has owes $58,000 but it’s worth $160,000. He recently lost his job and the bank won’t allow him to refinance and pull out any equity...
Rehaan Khan
How to buy a property on payments directly from the seller?
I'm trying to figure out a strategy on buying real estate from the seller on payments, adding value and reselling it for profit and thus, paying off the original seller. Please tell me what this strategy is called &am...
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
Hey y’all,
I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my...
Hashmat Amin
Subject To's... Can it be done when bank issues a notice of default?
Hello. I am curious to know if you its possible to buy a property subject to its existing mortgage if the bank has issued a notice of default on the property. Lets assume the home owners are delinquent $50,000 and the...
Tim McCahill
Construction financing on existing property
Happy New Year all! I want to build a fourth apartment in a three-family that we bought in March and am trying to figure out how to fund the job. Refinancing and HELOC don't seem to make sense. Is it possible to get l...