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...
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...
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...
Howdy! I'm a newbie (as if that wasn't obvious enough) and I'd love to hear some book recommendations dealing only with financing. I've actually read quite a few books recommended in the forum for beginners and am cur...
Hello BP Members;Lately I have been listening to some of the podcasts, which by the way are really good. One of the things that peaks my interest is Owner Financing. Most of the guests talk about things that they a...
I am the sellers agent for a property that I own and flipped myself. I have the property listed for $515k and it's been on the market for 54 days. I have a buyer interested in making an offer but he is seeking seller ...
Could anyone tell me the steps in setting up owner financing? What are the steps that are needed to set up an agreement between a buyer and owners? Legal documents , terms, etc...Thanks
I am interested in an owner financed deal. The property is a 5-plex in Ohio. For sale for 60,000 with rents of roughly 1,400 a month. Owner willing to finance for 5 years with 25% down. So with the payment to the own...
I have about 30k saved.. and I want to buy a second home owner financing. I tried to look many ways and can't seem to find a deal.. what's the easiest or best way to find owner fianancing deals... can't seem to find a...
I currently own one single family property and am ready for many many more. The catch is that I don't (yet) have the capital for additional investments, but occasionally find some great deals. I am now self em...