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I have a property I am interested in buying in New York. The owner is a motivated seller. Asking price ($330k) is currently slightly under market value and owner is willing to carry. The owner has an outstanding mo...
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1. Confirm (or request) that a Debt Service Company is used - not just a promissory note for the upfront financing/funding. - but a service provider that acts as an alternative for all the things you'd normally...
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What happens to a seller what they do a contract for deed or some kind of owner financing? The buyer is making payments on the underlying mortgage. How is the seller to qualify now for a new mortgage or can they?
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I have a property with a tenant buyer in place. This property was my primary residence in the past so it has a very nice 30 year fixed mortgage. The tenant is very interested in purchasing the property but with all of...
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Hi Guys - need some advice on a deal here - how to best get it done, using partial seller financing. We have a 5 unit commercial property that we put an offer on, and the seller is considering a partial seller financ...
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I borrowed out of my 401k to start a business but it didn't pan out . Any suggestions? Thanks in advance
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I am looking for an advise please;
We are 2 LLC partners; recently we changed our ownership to 90/10. The LLC owns 1 property. The mortgage for this property we have guaranteed both personally (it's under our names a...
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I have a family member with a investment property they no longer want to deal with. I'm looking to take it over for them. My initial thought is to buy it subject to and because they have a high interest rate have it...
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Have a commercial building that was purchased about 4.5 years ago with a private mortgage. In 6 months the mortgage has a call option if I want to refinance. The remaining balance is around $70k and the building mar...
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Sales are up 6.3% YOY through July. Median sales price is down 4.5% to $210K. It will be interesting to see if volume increases dramatically with interest rate cuts.