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It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turn...
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A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
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Can a seller withdraw a counter offer?Jan. 2, 2017 —A seller has received an offer for her home and after consideration makes a verbal counter offer through her Realtor. The potential buyers verbally accept, but the s...
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When purchasing a property using this type of loan is there a strategy you can employ to get some of the down payment back before title closing?
Does it work? What do you think about doing that?
I hired this contractor for the second time in 2 years. Illinois has had some significant hail/wind storms and our house fell victim. We needed a roof replaced as well as one side of the house (vinyl siding). State Fa...
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Hey Everyone,I have heard it said on the podcasts before that the reason you are required to live in a house hack for at least a year is because that is how long it would take you to qualify for another mortgage to go...
How can I file my taxes without taking a huge income loss from being self employed. I am applying for a home loan but now my income is reduced significantly from the way I filed. Is there a way to get around that to ...
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A seller in Illinios listed his home for $1.5 million and thought that the Zestimate of $1.3 million for his house was too low and scared away potential buyers. He asked Zillow to increase its Zestimate or remove it f...
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Can anyone recommend a title company in the DC metro area that handles Subject To or Seller Financing transactions? I recently came across Pace Morby's video on the "subject to" real estate deals, and I am interested ...