Hi Guys, this is my first post on BP. I am currently saving money for a downpayment on my (hopeful) first house hack. I have no prior experience in real estate and am currently using my time to learn and explore oppor...

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?

Hello all,

I am doing my first short sale in Brooklyn. It’s been going smoothly thus far with submitting the paperwork. However, the servicer has not accepted our preliminary sellers disclosure twice now. Both com...

- ARV $350k
- Owes $85k
- Asking retail price
- Seller will consider taking his equity in monthly installments as long as I pay off his underlying loan at closing
- Condition: good, ready to sell
- GREAT highly-desira...

I’m in the middle of negotiations on a mobile home park. Seller is asking 1.75M. His note with the bank is 1.2M. He wants $300k cash and is willing to carry a 2nd for $250k.
I’m trying to figure out how to get the ca...

What  pitfalls should i avoid in a seller finance situation?  Gonna see a homeowner later today and got butterflies!!  Newbie here!!
Thank you in advance!!

im about to do my first contract assignment--can someone tell me exactly how to do it? do i put the end buyer on the contract i initially signed or do i have to draw up another contract? and do i get my money up front...

My home is mortgaged with QL, even i got the property almost a year ago, i asked the loan officer how soon could i do an HELOC he says 6 months, next month makes a year. I called the other day to get the ball rolling,...

I am looking at an REO property that does not qualify for financing.  Will a hard money lender loan on these types of properties?

I wanted to ask those who have done both, is it better to cold call an owner and ask if they want to sell or possibly speak to a neighbor and see if they could introduce me? I ask because I have a potential property t...