Peter Halliday
Seller financing with interest-only payments and balloon
I'm wondering if anyone has been able to structure seller financing before where they pay interest-only payments for like 15 years and then a balloon.
I have a lead on a property in a B area of the Northwest Chicag...
Kourtney McCullough
Using the VA loan for SFH since MFH is too expensive in Bay Area.
BP,I need some advice and I'm going to keep this short. I'm planning to use my VA Loan to purchase my first investment property which will be a SFH. Initially, I wanted to purchase a multifamily but they're too expens...
Joe Edwards-Hoff
How does it work when the seller financines a portion?
If I were to set up a deal where the seller was going to write a note for 60% of the property and I would need to get financing on the other 40%, how would that go? Does the bank ask me to put a percentage down on the...
Josh Stack
How to Structure Deal? // 8 house package from reluctant sellers
Hey ya'll,I have been in contact with some landowners who have approx 35 properties which they self manage. The properties are less than 30 years old, they build them and have maintained them well over the years. The...
Kody Foster
Negotiating my first deal this very moment!
I am in the process of negotiating my first residential rental property right now.
A little info:
Asking price- $41,900
Our first offer-
$24,000(house needs $15,000 in repairs, all cosmetic, nothing structural) we...
Andrew Hyder
Direct Mail Marketing Guidance
For the last 12 months I have been reading, listening, and watching all things real estate investing. I set a hefty goal for myself for 2020 to acquire 10 units this year. I also used the last 12 months to get myself ...
Zac Boelkow
How to find out what is important to a seller?
I was casually in negotiations on a duplex. The seller is willing to owner finance. He and his agent and me and my agent have never done an owner finance. Which seems fairly simple enough. At the last minute the se...
Carlos Liriano
Securing a commercial deal
Recently, I came across a motivated seller of a retail/ office space. I attempted to lock the property in contract/agreement. The owner did not want to be in contract, maybe because I disclosed that am I'll be looking...
Vincent Plant
Buying from a Wholsealer. Do I get to see the contract?
Quick question for you guys. When you purchase a property from a wholesaler, they send you their assignment agreement to execute. Is it typical for you (as the assignor) to be able to receive and review the initial co...
Account Closed
How Sub2 used promissory note?
I know we can use a promissory note to pay the seller during the subject2 deal because the property have equity and positive cashflow but how do i know in the next 5-15 years i will have the money to pay back the sell...