When a seller carries a note on a property, and there is an existing mortgage the parties have entered into a transaction referred to as "wrapping" the existing mortgage. The buyer agrees to pay the seller in monthly ...
Hello, I have a question about buying a property from a power of attorney for an elderly person. What happens if the property goes under contact through the power of attorney acting on behalf of the owner, but the own...
I've got this real sweet owner finance deal negotiated with my seller. I am paying him $25k now and $22k in 18 months.
We are about to sign the paperwork when he tells me that he needs to use his assignment contract...
Bought a property via Subto existing mortgage - Selling via warp around owner financed via Contract for Deed (or Land Contract).What qualifications should I put the retail buyer though? DTI? EtcShould I use a note se...
Hello, I am in contract for a 2nd home, and plan to rent out my first one. The rental will be a condo and I plan to keep it forever. Are there any good reads on what to plan before converting it to a rental? I have...
Hi BP,I've been looking doing the BRRRR strategy on my first property in Kansas City, MO with a wholesaler and I am fairly interested in moving forward with it. Just a quick question, when you're not dealing with a bu...
hello im new to investing could i get help on how to find frwe wholesale contracts
Where can I get contracts for my wholesale deals?
I am being offered a property by my parents for well under market value but need a contract to proceed with mortgage under writing. How can I get a contract drawn up to present to my mortgage company? Obviously, since...
I'm heart broken right now cause sellers just decided to cancel the house right before the closing, our closing supposed to be on September 8th and I'm really sad depressed right now, agreement were already signed by ...