I am working on my first real estate deal and the plan is for me to finance 100% of the purchase, and my partner will manage the rest.
The deal is pretty good, a couple that is willing to sell their house for the l...
What are the cons of selling with owner financing vs. Selling conventionally?
I want to try to market to long-term owners of rental properties and see if I can buy some with seller-financing.
Thanks
I keep finding articles that suggest that the sellers should charge the adequate interest when financing the house purchase.
(Example: http://www.frascona.com/resource/jag808-seller-carry-financing.htm An installment...
Does anyone have any advise on purchasing 5 unit rental via purchasing existing LLC and subject to existing loan (obviously the lender could call the loan if discovered) - saves transfer/recording fees for seller/buye...
Looks like owner financing is hot right now. I like the idea of being able to find ready willing and able buyers to buy up properties fast.
Thinking about moving into the owner finance side of real estate investing, ...
BACKGROUND:
I currently own 3 rental properties of which 1 is larger apartment building
Approx $500k net worth
Each property is approx 80 loan to value
Excellent credit score (750)
Very little cash available
Am very c...
I would like to buy house for 35K that has a renter in the property for 650 a month. I will be wholesaling it out but I want to work on the plan G if i get stuck buying the property. I was wondering as of right now i ...
What language or wording do you use regarding financing when writing an offer on a home that you are planning to wholesale to another investor? If I intend not to actually purchase the property myself, thus I do not ...
Recently I was unable to purchase a house ( for rental ) in the Dallas/Fort Worth area of Texas. Price was $85,000. I went through a couple mortgage brokers and a regional bank in California were I reside.
Debt to inc...
Setting aside the inherent risk of high leverage, here is my story:
I have a situation where an outright owner is willing to do 80% financing; however I don't have enough capital to bridge the gap :cry:
Is there a...