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We have on an offer for 20k over ask on our Phoenix listing (on the market one day) and the buyer is worried about the appraisal.
We are selling through a 1031. Can I offer to carry back part of the sale price if ...
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Hello,
Been thinking about fixing & flipping mobiles on land to buyers and offering seller financing. Then I would sell partials to get my money back out and repeat. However, I ran across the 21st Mortgage webs...
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Hi gang, I've found a mobile home park right up my alley. However, the owner wants $350k. My MAX loan in order to put down 25% with a bank is $260k. That would take ALL of my down money with nothing left for reserves....
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Good morning, I have a 4-plex I put out an offer on. Asking $320,000, with a potential $80k Seller carry back. Current rents would cover all expenses plus cap ex, maintenance and vacancy. Rents are low and after talki...
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Hi all,I’ve been talking with an owner about purchasing his property. He wants to sell it, but he purchased it with a 1031 exchange and doesn’t want to pay all those taxes (do any of us?). He doesn’t want to do anoth...
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Getting calls from my ads! I’m excited - this will be the first seller I’ve met with.
Received a call from a couple who cannot afford their house payments. Will rent another home since their credit is not goo...
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Here is my situation. i have found a seller who is willing to take 10% cash up front and owner finance 10%. I would get a loan for the other 80%.
The problem I am running into is that I cant find a bank who will len...
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I have posted about this deal before but I am still unsure. I bought a foreclosure for 28,000. Put 11,500 into it and now its appraised at 70,000. Of this money 5,600 was out of my own pocket for the down payment. ...
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I am talking to a potential seller who has approx. 20 units in the form of small multi family dwellings (duplexes to quads). With failing management and poor returns he wants to sell but doesn't want to pay taxes on ...
Hi All, Came across an opportunity for a 7 unit property in the riverside area. Does anyone know of a lender that offers a 10% down payment option for this type of property?Thank you!