Caden Wakim
Structuring a seller financing deal
I have been going with traditional loans using my lender for most if not all my real estate transactions, ill then pull my money back out via cash out and repeat. (BRRRR). I am now looking to branch out into seller fi...
Patrick Vos
STR & Extended Stay Reservation
Hello All,I'm looking for some advice. I have a cabin in Minnesota and am renting it out on VRBO. I received a reservation request for 6-8 weeks and am wondering if we book them if it will trigger a long term arrang...
Chris H.
Option Consideration Amount
How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...
Alanna Moorer
Water Bill Problem Keeping Me from Selling
Hello everyone. I'm in desperate need of advice and I'm hoping one of the seasoned professionals reading this can help me. in 2013, I became an "accidental landlord," meaning I was never able to sell my old house so I...
Matthew Schutte
Wholesaler and Buyer Marketing Partnerships
Hi All,I'm currently pressed for time between work and trying to grow a rental portfolio and I wanted to put a question out into the wholesaler-sphere in the BR area. Because I'm limited for time how would wholesalers...
Justin Hennig
? for Finance Gurus: Does Seller Financing affect Debt/Incm ratio
Suppose I pay $200,000 for a building, put 25% or $50,000 down for a conventional transaction (Fanny/Freddie), then execute a seller carry-back for a $40,000 loan in 2nd position (thus only $10,000-15,000 out of pock...
Josh Tonecha
Money for upgrades
Let's say hypothetically I was interested in a home that I knew needed some upgrades to maximize rents. If I can qualify for a 100,000 and the house is listed for 90000 can I make a deal with the seller to pay him the...
Jeff W.
Inspection Question
So I'm looking at a foreclosed home. All utilities are off. Well obviously I want an inspection before I buy. The air conditioner looks bad, but I don't know for sure. How do I get it tested to see if it works with no...
Jose R Torres
Legal Structures
Hi, My question is...how do I set up a partnership with a family member that is willing to come in strictly with the cash to acquire, rehab and sell a property? I know this question could have many possible answers. ...
Shane Crockett
Using my cash vs OPM
I’ve got disposable liquid cash I want to invest and have identified land I want to build vacation rentals on. Does it make sense to inject my cash into this kind of project if the intent is to refinance and pull it b...