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Hello all, I’m an out-of-state investor looking to make an all cash purchase on a single family home in Memphis TN. I currently own one financed single family investment property in Memphis. The returns here are attra...
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I am looking at 3 plots of land in Columbus to do new builds on. The owner is selling all of them together for around 190k and is willing to do owner financing on the deal, we haven't discussed terms yet. I have never...
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Hello BP community! Today I am very grateful for all that I have learned on BP, because I have just closed on my first five investment properties on land contract in the Columbus, OH area. My next challenge will come ...
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I'm preparing to start my search for my first off market deal. I plan to use some strategies outlined in Anson Young's book "Finding and Funding Great Deals", including getting a list of target deals utilizing ListSou...
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View report*This link comes directly from our calculators, based on information input by the member who posted.I met a very nice lady, unfortunately with a terminal disease, looking to begin liquidating holdings. She ...
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Is owner finance/ seller finance synonymous with lease option? The two seem similar to me
Lease option - allows the tenant the option to purchase the home
Owner finance- owner is the bank, sells home to the buyer
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I have a home under contract that needs roughly 15-20k in work to be "retail". I got a call from a guy who is a contractor wanting to buy it. He then mentions that he is pre approved for up to 150k and wants to know i...
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Would you pay all cash if you have $150k Or you would still try to leverage OPM for your first flip? Any thoughts?
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Hopefully this is the right forum.Does anyone know if a non-recourse loan within an IRA requires a W-2 (proof of employment)? Since the loan is entirely secured by the collateral, will the financial institution still ...
HI BP,I came across an opportunity that I need some advice with. I have an acquaintance (lets call him Bob) who owns a beautifully redone duplex in an area that is on the rise. Bob is a professional contractor who ...