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...
hey a question ,,, looking at reos that are thrashed (the cheap ones any way) does any one know what the guide lines are to get it financed with a NOO loan with 30% down,, as opposed to having to pay all cash
where...
I have found a commercial property where the owner is willing to finance 20%. My question, as I am unfamiliar with commercial properties, is whether a bank will accept this, or will they require the money down to be d...
Hi!
Just curious if you guys had any experience with getting a loan through a conventional lender (or portfolio lender) for a multi-family. Would a lender consider the seller holding the note as your required 20% do...