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Looking for owner financed properties in Baltimore MD.
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Does anyone happen to know the percentages on traditional vs 'creative' real estate sales and traditional ( bank ) vs creative ( options, lease options, seller financing ) real estate financing? I'm curious ab...
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So, I have a home owner that has 100% equity in a non-occupied home. He is not motivated to sell, but it seems he could be persuaded to go with seller financing...so, do I explain:I will take possession of the propert...
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Hello everyone, There is a package of 16 Single Family Homes in a nearby area that is up for sale. I have emailed the agent associated with the package asking her if seller-financing is an available option in which sh...
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I ran across an auction property (duplex) in Baltimore that is going for $40k. We were able to walk it with our agent prior to auction and the place needs very little work (has new carpet and new paint - appliances ne...
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I have been looking at a number of multi-family units and have found one listed: 2 buildings with 4 units in each building. In discussing with the listing realtor, I was told by the realtor that the building are more...
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Here's the deal:
I'm buying a 29 unit building for $820,000
I have the first in place at: $620 at 6.5%
I have a second in place for $50k at 6%
I could get another loan for $150k at 16%
If I did it this way it wo...
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I found a property that sounds like a good deal. Wanted to run this past you guys and also see about getting financed.
2 buildings - 4 units total (two duplexes)
each unit is a 2bd, 1ba
They are asking $133,000 for ...
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Found some properties that look good. What do you think?
Property #1:
$60,000 PP
$925 rent
$48 NOI (based on 50% exp.)
$140 NOI (based on actual exp. of 40%)
Property #2:
$70,000 PP
$1000 rent
$17 NOI (based on 50%...
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I was told by a co-worker that banks would not look at my personal home when financing rental units? And that banks make rental financing decisions based how much cash flow the rentals will produce. This does not mak...