Let's say I get a property at a discount for $35,000 owner financed. The owner is free and clear owner. structured as so:
Payment = 416.67/mon
$5000/year for 7 years

This goes through escrow and he holds the note...

Hi, I wrote a post about this scenario before and got some good advice but now I have a few more details and an idea that I need feedback on. Here's the situation: my brother and I inherited a house late last year, wi...

Happy Easter Sunday all,Situation:Looking at prop in Gary, IN.
tape says the value is $50kSafe to say it's vacant for a while if not yearsrehab neededdecent location - near a college$47,000 in delinquent taxes. (yes,...

I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...

Hey guys, I am thinking of selling my home. It's a particular situation. I have lived in the home for 12 years since it's my moms. Last year, I refinanced and took the house over. Only been on title technically 1 year...

Posting this out of curiosity among other posters. I have been assigned to a temporary EXPAT in Suzhou, China for 18 months. Went house hunting in the land of "condos/apartment" living. Literally, every housing "compo...

Hey everyone, I have a few quick questions.What is considered to be appropriate renovations for a FHA 203k? Could it be used to just update a old retro home that hasn't been touched since the 60's or is it for legit r...

I have a tenant that has been renting my house more than 10 years.  This morning she asked if she could put a plexiglass shower door in the bathroom.  I am not good with that.  It is not her house and I don't want her...

What are the caveats and how do you structure escrow accounts for property tax and insurance?

I'm selling a home that I own free and clear. I'm creating a new 30 year note, contract for deed. My buyer is finding t...

(This question can go into so many forums but I'm choosing this one because I need advice on an RE deal.  If I'm in the wrong forum, let me know, please)My tenant wants to purchase the house they're renting.  They ask...