Tony Thomsen
South St Paul, MN - first multiplex contract for Deed
I’m developing cold feet
A contract that favors the seller and a standard Minnesota contract for deed.
The roof of the 4 Plex worries me and any repairs done to the property is mine to do at contract signing.
The...
Account Closed
What are the downside of seller financing?
My seller is retiring and willing to seller finance for great rates. What are the downsides? Can I take out commercial equity line of credit on seller financed property?
Shanna Nikole
New to Bigger Pockets community
Hi! I am super excited to be on this site and to get started. I'm currently in the Los Angeles area but hope to invest my first SFR in Dallas, TX. I am interested in house hacking. I am listening to BP podcasts and re...
Garrett Richardson
Intra-Family Property Transfer in California
My mother-in-law owns her home in Northern California. The location is pretty incredible and the area has appreciated 80% in the last 10 years. She has never attempted to rent out a property and wants to sell but woul...
John Princinsky
First investment property?
I have a few questions and would love any input you could give.
First a little about me and then I will explain the potential deal.
I’ve been into casually reading about REI for more than 10 years. The closest I ca...
Alex Negrete
First time investor seeking advice!
Hi friends! This is my first post. So happy to be here and excited I found this community. I would love some advice for a first timer thinking about buying a home and investing in real estate. First, let me catch you ...
Sean Dargie
AFTER the Disaster - Financial Preparedness
Hello, Everyone!Thank you for taking the time to read and respond to this post. I have gained much knowledge and confidence from this site and community already and am hoping to do so again.Do any of you investors/la...
Deborah Tuck
Seller finance to owner occupier as tactic for high equity, no cash?
This is a hypothetical question - I am trying to sort out different strategies!The scenario:I have almost no cash, but I am able to put a property 'under contract' for $1000 (must be cash, non refundable). The price i...
Account Closed
Is this legal?
Could someone describe to me how down payment assistance works? I saw someone advertising they needed down payment assistance funding.
The purchase price was $2.5 mil, the mortgage was $2.0 mil and the DPA was $500...
Just Don
Paying a sub-contractor in cash
I have a guy wants to be paid cash off the books on a job he is doing for me. Is this a problem for 'ME' ?? Whats the pitfalls of doing THAT??