Investment Info:
Single-family residence buy & hold investment.
Purchase price: $88,000
Cash invested: $10,000
Rent to Own Contract .
Purchase price : 88K.
Down Payment : 200.00/Month Installmen...
According to the article linked below, Individuals and Trusts that seller finance one property or less per year (to an owner occupant) can implement a balloon payment. http://www.biggerpockets.com/renewsblog/2014/01/1...
For all you BP, creative financing experts out there;
Have you ever bought a property via Land Contract/Installment Sale AND took it Subject-To the existing mortgage?
This seems to be a great strategy (if it can be ...
I have a lead where the owner of the property interested in an MLO. The property currently has a mortgage but, the mortgage has a balloon payment that will be due next year, it is not a good candidate for Sub-2 or wra...
some clarification needed please, according to Dodd frank act CAN we apply rent credit in a lease option to the purchase price
What would it be called and what is the methodology behind transferring the ownership of a property to someone so that they technically own said property with cross-default so that as long as they continually pay a ce...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $243,000
Cash invested: $35,000
Single-family home that my wife and I fixed up (mostly cosmetically) while we lived...
Hello everyone,
I work for a modular home builder in Maine and I've been making offers on existing multifamily properties. As many know, it's a tough market out there, and Maine real estate is really old and beat up....
I have people interested in renting to own a couple of my properties in MO. I have existing conventional mortgages on both of them. For Contract for Deeds in MO, if the buyer defaults, do you have to foreclose, or w...
Hello flippers
I am trying to get a good plan on how to do some low cost flipping. I need to have a good plan to show the wife I am dead serious about this.
I am outside of Detroit. In this area you c...