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I have a tenant that would like to buy my house. It is in good shape with three year old roof and electrical upgrades. He is wanting to do FHA financing. What should I be aware of that they may require me to fix to m...
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I am looking into 3 duplexes and was trying to think of creative ways to do the deal. I’m curious peoples thoughts on structuring a deal this way:
Assuming that the numbers are good here is how I’m looking at struct...
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Hi BP, I am in the process of landing my first rental and was wondering whether or not a financier will honor cash that is currently sitting in investment accounts or would they solely focus on tax return/bank stateme...
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Thank you in advance for sharing your expertise. I'd like to buy a residential home for myself but I'd like to see if I could get owner financed, either whole or partial. I am thinking to provide two offers, one wit...
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Hello all looking to do an owner financing deal. Does anyone have forms that you currently use for owner financing that you would be willing to share with me? I would appreciate any helpThanks
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Hello AllThis will not be my first home. I owned a two family which I rehabbed and which I sold in 2003 and made 200K profit on. I am now looking into buying again and getting more into real estate.The thing is that I...
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Learning still, Please explain if seller financing good or bad? What exactly is it? Whats the benefits from doing that?
A question..... best asked with a scenario:I own 3 properties(1 commercial, 1 multifamily and 1 single family home) all properties are rented with a nice cash flow. Is there a way to borrow money against the propertie...
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Hey BP, I need help. Looking to try and get a home using existing financing.I understand how to sell it to the seller by letting them know that it could help their credit because I will be making full payments on time...
Hello everyone! Seeking clarity on seller financing... If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out? Does the buyer deal directly with the owner or ...