Hey, I was reading on different real estate strategies, purchasing styles and found a similarity between lease options and owner financing. Now to summarize, correct me if I'm wrong, but generally lease options are us...
I have been in the rehabbing business for several years. I have gotten my contractors license and would like to get into new construction also. I have a line of credit at a local bank that I use for flipping. Is there...
I'm interested in purchasing an apartment building for about $1.1M. I have enough cash to put 15% down. Are lenders doing 85% LTV commercial mortgages these days? If so, will it be an 75% and a 10%? Will the rate be h...
I'm using a contract for deed to offer seller financing to one of my tenants so that he can claim the $8k tax credit and use it for a downpayment. Do I also need a promissory note? Do I need to file any docs at courth...
I am purchasing a home in SC that the owner is doing an "owner financed". I have made 3 payments and we still have not signed a contract. I have not moved in as yet either or even seen the home in person. Is anyone...
Someone was trying to explain a strategy to me today that involved owner financing. Basically, you buy at a deep discount, but the seller does owner financing for you, then you turn around and sell near retail value ...
Hi all;
I am interested in buying from owners using owner financing. Does anyone have any general contracts to utilize for such transactions with sellers? Thank you if so!
Eric
:welcome: As I have mentioned here in a few places I am looking to break into a couple of different areas of real estate... one is rehabbing and the other is commercial. I found another commercial deal that I really ...
As a new investor I've been looking at some sites that offer to buy a property for you and sell it back with seller financing. One of the sites marks it up 20-30% and then charges 10% interest on the property for 5 y...
How do I get financing that is less expensive than hard money if I have limited taxable income history? I have been in the medical cannabis industry for the last five years with occasional part time employment, this l...