Ok so i just finished speaking with a hard money lender and was told that they would fund my rehab of 50k. With 3k down. They will actually give me 90% of 130k (ARV) but i do but need it all. Ill have to pay it back i...
Hello, as I am new to this forum and have yet to begin investing I am a little confused about how I should finance... A little about myself.- 18 years old, little to no credit (just got my credit card a month ago) I w...
Hello everyone!Can someone explain the difference between rent to own and seller financing? On the surface it sounds like the same thing... I believe the difference is with a rent to own the renter gets financing from...
I purchased three condos through seller financing last year, I first thought it was strange that I never received anything at the end of the year stating how much I paid to the seller. This year I am in the middle of...
I'm currently looking at a property in decatur Tx and it would be an awesome rental property. The seller is doing a "forsale by ower" on the house. He is asking 140k for the house. The mortgage company is wanting 20%...
I am looking at purchasing a 27 unit that has seller financing. Here are the terms of the financing: Purchase price: $339,000Down: 25%Loan terms: 5 year term at 6% with a negotiable amortization scheduleThe units are ...
Read the article on "How to make a million dollars...." and want to do something similar. http://www.biggerpockets.com/renewsblog/2012/12/12...Ideally I would like to do flips as well for immediate cash. I am wonderin...
Hello Everyone,So…my wife and I bought a 4 unit property about six months ago, using conventional financing(20% down).We have added some value, and are making pretty good money(finally…took a few months).The people we...
Seller “Refi” for TakeoverThis no-money-down technique is as amazing as it is simple. Ask the seller to refinance the property for your offered price, (for 30 years fixed at no more than X%) subject to a one-time qua...
I am looking to buy my first home. I intend to live in it, I may use it as a rental down the road but I will definitely live there for at least 5 years. I have a low income due to medical and insurance reasons. I'm ju...