Coco Poyet
Seller holding funds in escrow for repairs or lowering price?
Hi BP community! My husband and I are in the process of buying our first property, a residential 4bd, 1 ba house in the Catskills in NY. The 2,500 sqft house was purchased 2 years ago as a foreclosure for $140K and fl...
Kevin Henderson Jr
Seller issues after we've signed and I've found a buyer.
Quick issue.
I have a seller that's basically wanting to back out of our Purchase and Sale agreement. Here's the deal.
Home under contract for 25k. I have a great offer and I was preparing to pull the trigger an...
Miguel Bautista
Ideas to get my offer accepted during this seller’s market!
I’m currently looking for a small multifamily in Phoenix, AZ. Every time I make an offer I am unsuccessful to get the property under contract. I’m wonder if anyone has any advise to make my offer stronger or how to fi...
Chris C.
Vacant Land Loan to Pay off Seller Financed Building Note
2 years ago my partner and I acquired a 9,000 sqft, two story building, zone for industrial, commercial and residential use. The building is currently vacant and has been for 5 years. We owe about $230K on the note....
Dairon Ruano
Would a seller finance disqualify me from the FHA loan?
Hello! I am new to the forums, but I've been listening to the podcasts for over a year now.My question is, let's say I'm able to obtain a sellers financing on my first property. Would this disqualify me from the FHA 3...
Tyler Sample
Seller financing for a vacant lot flip? Price to ask?
Is this a thing and could it be profitable/worth dealing with? Buying two lots for 10K each (seller is desperate) and the tax assessed value currently is 35K per lot. How much should I ask per lot (residential) based ...
Jona Santiago
Use cash out refinance money vs Seller finance at 4.5%?
We’re pre approved for a cash out refi with an interest rate of 3.65% on a 30 year loan, closing costs of $7k. The seller is offering financing between 4.5 - 5% interest for 10 years.Not sure about closing costs. We’...
Account Closed
Advice: Can we pull out of contract as sellers? California
Ok, we are waiting to hear from an attorney but would like to hear from others. We're in California
Husband and I accepted an offer on a SFR we own. Terms as follows
1. Purchase price 420K
2. Buyer t pay $5K abo...
Daniel Tsang
Advantages of seller financing if I can have conventional loan?
Is there any advantages for the buyer (me) to get seller financing if I can get conventional loan?I have a w2 job, excellent credit and 25% down payment to get a conventional loan. The seller is going to do 1031 excha...
Anthony Tulino
Has anyone found a bank that will permit seller financing?
Hi All,I'm looking for a local NJ bank or credit union that will permit the seller to finance a portion or all of the downpayment on a commercial mortgage. I know it is unusual and I've been told 15+ times by local ba...