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Hey all, and thank you for your interest in my endeavor. I am posting today to request any feed bad on a deal that I am contemplating. This would be my first deal and want to cover all the bases to ensure I am not bei...
Hello BP, i re-read Rich Dad Poor Dad and just notice in the final chapter "Epilogue" he used a non-qualifying loan. But what i'm confuse is just what is loan is? It is Partially Seller Financing? Subject To? Or somet...
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flip, Purchase price $140k, resell range $220 to $300k. need to spend $15k to fix up.
Is this a deal? I am new to the game.
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Home owner facing foreclosure who did not make a mortgage payment for 39 months called me to buy his house CASH AND CLOSE FAST.
I got him interested in signing option purchase agreement which indicate that he...
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I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
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Hi, I was wondering whether anyone has had any success finding properties yielding the 1% rule in Southern Ontario? Toronto is out of the question and I have had difficulty finding places even in Kingston, Ontario. In...
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Hi all,Newbie from Scarborough (Toronto) here.Now that I've got your attention, no I didn't try to use drugs or drug money ... I tried using Other People's Inactive Underutilized Money; OPIUM for short.Last week, I s...
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Hello, I recently rehabbed a property, put it on the market and it was pending sale contingent on appraisal. The appraisal came in and it came in just $2,000 short. The buyers want to back out since they thought the...
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Hi Bp, I've been looking and learning from here for sometime. Putting things I've learned here, I put things in action and put up some bandit signs in the area. The phone started ringing and the first call was this:
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I'm looking for some advice here. We're selling our house and have been in escrow for 31 days now. The contract states 18 days for financing contingency removal.Basically the buyer's mortgage broker and the bank (Chas...