M S
Finding A Buyer for A Short Sale
So Im still new to real estate investing and been looking at this short sale investing angle, i have been really focusing on wholesaling and working on my buyers list.If your using an Option contract and then negotiat...
Jason Evans
Seller Financing possible with Existing Mortgage?
Is it possible to do a seller finance with a balloon payment due in 5 years if you still have a mortgage on the property?
Josh Everson
Selling a home by assuming the mortgage
Hey everyone, does anyone have experience with "selling" their home where someone assumes your mortgage rather than selling for a profit? My investor friend has a lease option on my property to assume my mortgage and ...
James Denon
Being a lender to a friend
My friend is buying a condo in Cape Cod MA. It is a bank owned propertyThe pipes are damaged and there is a risk of flooding if the water is turned on. The bank would not let them turn on the water because of this ris...
Jeff Cantrell
What's your creative way to sell this house?
We have a potential tenant interested in buying one of our rental properties. We've got about $40k in it and have owned it for about 10 months. Rents for $800/month. "IF" we sold it, it would have to be for at leas...
Ryan Whitworth
Do I send a "Letter of intent to lease" before I see the place?
BP
This is my first time doing a Lease Option Assignment and I have a few questions that I hope some one can help me with.
Found a seller who wants me to find him a lease option buyer. The property is ...
Jeff Ostrander
Financing my first rental
I have a question on financing. I’m trying to determine the best of the two following options for financing a property that I’m buying for 130k. 1. Financing 75% at fixed 5% over 30 years. $36k up front cost. 2. Payin...
Samuel Mitchell
primary residence duplex financing
Location: Roanoke, VA
I am needing a contact/advice on lending options for duplex investment property (only 2 doors). I was working with a local bank, whom was offering a conventional loan but required %25 down paym...
Account Closed
What is this called?
Hey everyone, im new to these forums but i have been doing research on real estate investing for a while now.
I have a friend that what he does is he pretty much acts as a real estate investor but he does not have a ...
David C.
Sale contract before 1 year but collect funds after 1 year tax?
If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain? Would the rental p...