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I have a guy wanting to sell 6 units for $160,000 in Quincy IL. I brought up the option of seller financing and the benefit for him with capital gains. I want to bring him three different options for me to purchase. H...
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What are some advantages and disadvantages of using a HML?Also why would some who has been pre qual'd to receive a conventional loan choose the HML instead?I know it may be vague but just trying to wrap my head around...
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I'm looking at purchasing an apartment block (20+ units). is there a broker out there that has worked with foreign investors who can help secure financing?
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I’m looking at a triplex that I would like to close on. I was hoping to do a partnership but that’s just not in the bag for this deal. I hoped to do traditional financing but my wife and I are building a home that wil...
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I have a property that is currently livable, its a quick flip to rent, it was listed on the MLS and I started the process with the realtor assigned by my loan consultant, he gave me a commitment to sign and I told him...
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Hi,
I'm in the middle of a negotiation for seller financed transaction. Seller's first time also. How do I (as the buyer) do a legit sales/purchase agreement? Do I need document preparation services from an RE law...
I was wondering if any one has ever bought a single wide mobile home as an investment property? I am wanting to know about any issues you had financing the deal. pulling your equity out of the property, borrowing agai...
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Hi! My husband and I are wanting to buy our first rental property. There is a house near us that is already set up as a tri-plex rental. It is listed through a real estate agent but we were wanting to see if they woul...
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I have a deal of 4 rental college houses. The owners are open to owner financing. We have an LLC an enough cash for 10% down or around 100k. The question is how do you actually do owner financing? Do we have the owner...
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I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate. As you build your wealth, what are your "must have" numbers or "must do's" in life? Many recommend ...