I have clients who own a lot worth $200K, and they have a $120K balance on the mortgage. We got an offer from a buyer for $200K, with these terms: $30K cash down paymentInterest only owner-financing at 5% for a 12 mon...
Hey all!!I'm looking to buy a 40ac parcel of land for $320k in a fast growing area of colorado. I want it as a buy and hold for future development (10 years). I have 125k of my 401k to transfer into a self directed IR...
Hi all:
Has anyone done a short sale on a property owned by an estate? How about with a mortgage owned by the VA (estate or non estate)? Just trying to find out what to expect. Are short sales where the owner is dec...
Hello BP community, I've been listening to BP podcasts and checking in on the forums for a little while now, trying to soak up as much as I could. I recently found a great partner to start investing with and we are cu...
Hello BP,
I've come across many individuals that have short sales. The problem is that the seller of the homes have contracts with realtors. What are some of the pointers that have worked to convince a selle...
I am new here and and am very interested in learning the ropes of investing in rental properties. I have a potential property I am looking at and would like to understand who the best people are to discuss finances wi...
Hello - if this is the wrong forum, I apologize. I sent my daughter to UK Lexington this past summer. She is moving into TheLex in Lexington for sophomore year. The lease is outrageous, relative to what I can do he...
Hey guys,My question is specific to Canadian real estate investors. Which financial institutions can provide the best products and services in terms of lines of credit and credit cards for real estate investors? I fee...
I am looking for how experienced people would handle this scenario.I have a piece of land. There is no structure. So financing is a little tricky since there is no house or anything. I have a potential buyer that w...
A friend of mine has 2 commercial properties in NJ. One is ready to go, and the other has been approved to re-zone. They want to try to get a national chain retailer in there as an anchor to maximize their asset value...