Do you tell your lender that you plan on having the seller carry back on deal?
For example, I want to get into a property with a conventional investor loan. I need 25% down, and the loan covers 75%. If I have...
Good morning BP Community! I have several opportunities to snag up a self storage complex and a 18 unit apartment complex on creative financing . Both are almost set in stone. My problem is coming up soon.. very s...
3 unit mulitfamily priced at $499,999 (a few thousand above value), rents $3550; and I can not seem to make seller financing work utilizing the 50/50 rule or when I price out the general expenses. The expected appreci...
Hi All, I find the strategy of acquiring property with seller financing (or subject to), very attractive so that I can own property in my local market without a poor Debt to Income ratio. I would also like to utilize ...
Has anyone ever sold a property with seller financing then later extended the repayment period or modified the terms of the loan with the buyers? Or even refinanced it to them?I’ve been searching for a form or contrac...
Which of these works best when contacting motivated sellers of vacant homes or home owners in a crisis situation? Call, text, email, or direct mail? That is if a skip trace has been used to find their FULL contact inf...
This is why I find wholesaling a challenging niche. I'm working with some sellers of a really nice inherited property that needs significant cosmetic work. ARV: $205,000. I talked to a rehab/flip couple I've worked...
So I've read up on direct mail and wanted to know how the forum deals with seller phone calls. Let them all go to voicemail and return messages? I work a full time job where I can't just stop what I'm doing and spea...
Hey BP,
Just want to make sure my contracts are solid.
Thanks!
Hello to all. I wanted to know how you all specifically pre-screen sellers? How do you decide to make or not make an appointment to meet? What do you need to hear from them to know they are motivated? I would apprecia...