Nathan Ramirez
Seller refuses to turn over financials
I’m under contract on a 7 unit apartment complex and seller will not provide leases or any form of financial documentation validating the property’s monthly cash flow. His agent says the seller is willing to meet with...
Keith Tarasiewicz
New to the market
Hello Bigger Pockets community! I am thinking of moving into the Connecticut market for single family real estate investing/flipping/wholesaling and was wondering what the state of the market has been like recently. A...
Matthew Clark
FHA vs Conventional loan
I am a super newbie (not started yet other than research and obtaining capital) and I am seeing comments that buyers are getting their bids turned down with FHA loans or sellers are preferring bids with a conventional...
Marterio Jones
when buying purchasing property using lease-option.can u put another tenant in other than you
if you buy a lease option , are YOU required to be the tenant that lives in the property ? if not, what papers and information would the seller need for the other tenant to move in if any. and also is the rent that th...
Kory Musser
Advice on seller financing please
Hello everyone,I am new to BP and am excited to learn from all you. As a newer investor I need some help on what forms or advice on purchasing homes with seller financing. I am looking at purchasing four houses that a...
Danae Meurer
Accounting for seller concessions
How does one account for seller concessions from the HUD-1? Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...
Andrew Hyder
Using a Real Estate Agent to Find Seller Financing Deals
My name is Andrew and I am brand new to real estate investing. Over the last 5 months I have read over a dozen books, listened to most of the bigger pockets podcasts and have become a pro member to help me analyze dea...
Louis L.
Seller Financing and Mortgages "Subject to"
I'd love to hear others' experiences creating a (secondary) mortgage with the seller of a property to finance a portion of the down payment. I am pondering the situation where the seller finances 10%, I put in 10% and...
Michael Dumler
Seller Buydown Strategy: Who has successfully implemented this tactic?
Exactly as it sounds, the seller buydown strategy is a seller's concession that reduces the buyer's mortgage interest rate, either for the duration of the loan or just for the first few years (permanent buydown, 3/2/1...
Chris Nare
Off Market Deal
Hi, I found a condo next to one we just bought, and is off the market that the seller bought in 2014. The comps say it is with about 150K and needs about $12-15K in cosmetic updates. The HOA is $225/month. It would re...