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Hello, I've been watching a lot of Pace Morby videos and researching online, but can't seem to find the answer to this simple question. In a sub-to deal, you are assuming the remaining payments of an existing mortgage...
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Hi, How would go about financing multi-family construction project (10x 1BR units) given the following starting conditions:- I own a lot with an existing duplex standing on the lot - Lot is mortgaged, remaining mortga...
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I am selling a Duplex located in Ecorse Michigan. I received 2 offers. They both want all tenants out and I am currently going through an eviction with the remaining tenant who were both not paying. I will have to pa...
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I have a home owner that would like to sell me a property via seller financing in IL. I'm coming across some difficulties structuring the deal specific to IL laws. Can anyone lend a hand?
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Are these two things the same or different? In terms of if the terms are filled out the buyer/renter gets the house correct? I guess I'm just a little confused or the difference? Are land contracts essentially the sam...
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In short I’m trying to figure out the best way to sell a property while not losing the mortgage, as the mortgage is a 30 year fixed at 4%. I purchased the property as owner occupied, but I’ve since moved out of the co...
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I have heard many things about creative financing but would love to hear a list of examples that people have done that have worked in this market e.g. seller to carry 2nd mortgage for 20% so I don't have to put down a...
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Hello biggerpockets members,
I am a newbie investor looking to start my journey in the real estate world! I have yet to get my first property and am eager to get my first. I am in the NY market and as you already kno...
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I’m looking for advise on my first buy. I’m going through fund and grow for my funds at the moment. With this I’ll be able to use cash and possibly get a better deal. My question is, since I only have 12 months to pay...
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I have a property identified for a fix and flip. Purchase price is $75k and reno estimated at $25k. Looking for about $90 in a loan or partner. The after reno value is estimated at $165k and current market value aroun...