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Hello, i ve been renting a house to sublet by rooms, over 4 years. Now owner needs money and wants to sell it. I would live to buy it and was thinking owner finance since he has 2.8% mortgage on it, and its not trans...
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Hi Awesome BP Members,I'm trying to get a better understanding of FSBO. I currently have a house with $100K loan balance. I know people use Subject-to or wrap strategy to actually buy and immediately sell the house ...
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Hello guys, I am looking for the fastest,cheapest and legal way to move my rental property from me personally and into my LLC. I'm trying to mitigate any type of liability and structure things properly moving forward...
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We have a potential seller finance deal on an off market duplex in MA.
The seller has an existing mortgage of about $250k. The ARV is $225k, but the property still needs $35-50k in work.
Current mortgage is $1300, ...
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Hey BP Family I have recently place my first property under contract ; it’s an pre- foreclosure home .Im fairly new to this industry I’m asking what’s a good way of wholesaling PF property to buyers as is .3K will bri...
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Hello, everyone.A seller called me about selling his property. The property has a mortgage on it. However, the seller hasn’t paid a PENNY on it since 2007. Yes, 2007! Yet, the property is still in the seller’s name. I...
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Seller owes $93K
I'm offering a sales price of $140K with $14K down
So...
$126K at 7.5% over 30 years is $881.01 per month.
How do I figure out when the seller is paid off?
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I've recently been looking for a lot of owner financed deals, but it is just not very desireable for most sellers right now, most of them want to simply cash out.
I wanted to post an open thread to discuss what some ...
Hello, we have flipped 3 houses through traditional means, but have moved to Florida and see the large amounts of foreclosure properties listed on the county website. I have been watching the auctions and am ready to ...
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I'm analyzing a pre-fore/subj to and the 1st mortgage (balance due) is not too onerous. 2nd creditor in line (Heloc) balance is very high. I'm not sure how to proceed with Heloc creditor in terms of negotiating with...