Victor Leon
sub2 financing
I wanted to know if i am Acquire a property sub 2 with an existing mortgage but the mortgage is more than the property is woth(upside down), how do i make this situation profitable? how do i structure the deal where i...
Rob Terpilowski
Sub-to purchase and sold with Owner Financing in Oklahoma
Investment Info:
Single-family residence other investment.
Purchase price: $56,000
Cash invested: $4,000
I purchased this property subject-to the existing mortgage. Property has water intrusion whic...
Gregg Fratto
Question for owner financing
Ok BP people, I have a buyer that wants to put 20% down on a 2 family that i am selling. PP $249,90020% = $49,800Mortgage amount would be $199,900 Mortgage amount that I owe $125,000Question- what interest rate should...
Chris Tarpey
Our First Sub2 Deal!
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $101,000
Cash invested: $8,000
This property was bought subject-to from an out of state seller. Hou...
David S.
Deal analysis on 4plex - Subject-to and owner held note
I'm looking for some opinions on a potential deal. 4 plex in a suburb of the Twin Cities. Owner has some interest in selling does not seem super motivated. He's asking for an offer, and says he's willing to both do a ...
Seyi A.
Pros and Cons of Buying an “add-on” unit through an entity
Hi BPfam,I am considering purchasing a neighbor’s condo that’s across the hall from mine, and combining the two into a larger unit but keep them as two “legally” separate units. The neighbor’s unit is owned free and ...
Mario Garaffa
Seller Financing Options
Good Afternoon All,Recently I came across a great deal on a piece of Commercial Real Estate. A few apartments with a business on the main floor. The seller is motivated and wants out. I was able to negotiate a great ...
Mike Flora
Selling a subject to loan
Might get a house subject to the seller financing very soon with no money due to seller in the deal, just wants me to take over. Seller just wants out and there is only about 13K in equity. Property is in good shape s...
Jack Farrell
What documents/financials do you ask to see?
Hey guys,My name is Jack Farrell and I am new to the BP community. It's incredible to see how engaged and helpful this community is!Question for y'all:When considering a property to purchase what are the documents/fin...
Vincent Wright-Mensah
11 unit multi family
Any sggestions on a lender that can close on a 11 unit multi family in New York. Seller is willing to hold one half of the note for the next 5yrs . Existing Mortgage balance on the property is 0. Got in touch with B2...