I own one investment property (duplex, if that matters) - It was quite an ordeal to secure the financing for it: a million questions about what other debt I have, etc. I ended up getting it because I had virtually 0 ...
For all you cash flow gurus out there....
In the context of doing a short sale flip....
I have the cash to buy one or two short sales, at a decent discount 65-70% of market value.
I was thinking that I would offe...
How long (generally speaking) should it take an investor to get long term financing on a property these days? Can it take longer than 1-2 months? Let me give you some specifics: this property I have a HML on the inves...
I'm looking for advice on a property that I own free and clear where I have a potential buyer that I'm negotiating with. We're trying to find terms that work for both of us and I think we're close. Let me give as ma...
Hey everyone! I really need some urgent advice here! My hubby and I are buying our first home. We have it picked out and are in counter offer stages. Purchase price will be approximately $70k. The home is in need...
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 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 ...