Kevin Reid
Financing forclosures
How does one arrange financing for buying foreclosed/pre-foreclosure properties that are being auctioned? I always assumed you needed cash on hand, but can they be bought with some kind of mortgage?
Paris Akins
seller financing
Hi BP! I was days away from a Seller Finance Deal and after talking to his attorney his attorney told him it wasn't a good ideal to do the deal this way and to get all the money at one time. What should i go back and...
Jason H.
LLC Financing
I'm interested in rehabbing, rent and refinance. Private and hard money lenders in my area only lend to LLCs, Trusts etc. After 1-year, I'd like to do a cash-out refinance and convert to a conventional mortgage to pay...
Elijah Grant
Seller Financing
Hey Everyone,I am looking for creative ways to fund my 1st deal. I've missed a few opportunities because I didn't have a plan for financing soon enough and I would like to avoid this problem the next time. Does anyone...
Chip Chronister
financing rentals
I have a few properties and now the bank wants 20 percent down and 6 months of payments per property in the bank to cover my payment just in case all of them go vacant at the same time for 6 months. How do they expec...
Mark Doyle
Financing question
I am looking at a single family home in a chicago suburb labeled as a Homepath REO on the MLS. I am interested in the property as a buy and hold, but all offers must be cash only or using a 203k loan. As I understan...
Melissa Jones
Seller financing
I am looking at a triplex the owner is willing to do seller finance. I have no experience with this type of financing and wanted to know how/when is title transferred. Do I use a title company the same way I would if ...
Malcolm Brown
Seller financing
New to the business, I've done a lot of research, and I've ran across the ideal of using seller financing. From what I understand, purchase the property using seller existing financing from the bank for a agreed perio...
Alfredo O.
Owner Financing
We have a property that I am considering to explore the owner financing part of the business. Can you all provide some good and bad input on this interesting path?We are selling this property for 99k.My realtor sugge...
Precious Thompson
Financing Properties
What is the maximum amount of properties one can finance through a bank before the investor have to find a new method of acquiring cash from different sources?