Justin Cutler
Lease Purchase Declining Principal Balance
Has anyone structured one of these? Do you have a contract that you've used? I'll run it by my local attorney of course. Basically -
I can buy a property that I've leased for the principal balance at time of executi...
Heather Fugger
Listing agent advised us to wait for house to going into foreclosure to buy...
I'm not sure if this is the correct category to post to - please let me know if I need to post elsewhere.I found a house that I very much wish to purchase. However, the seller is an elderly woman with significant hea...
Robert Hamilton
Trying to pick best financing rout for 3rd rental
In this crazy time, I plan to pick up a 3rd SFH (under $180k probably) to make a long term rental here in St. Petersburg, FL.
I have $50k cash on hand that I can use for purchase, other $ for a small upgrade to make ...
Jennifer Alcide
Response to "Why do you need to know that?" or "What difference does it make?"
Hello,
I'm a new investor who is targeting absentee owners for wholesaling. When I receive a phone call, and I begin to qualify them, one of the questions I ask is "is there a mortgage on the house?" The response u...
Anastasia Ward
Lease Option
Hi all,I was hoping someone would help clarify for me how the monthly payments are set up when wholesaling a lease option. Are the tenant buyers just paying a random amount that the seller asks for or are they paying ...
Mark Matos
Note holder won't respond
Hello everyone,I am trying to purchase this property but I'm having a hard time clearing the title. Apparently the 1st mortgage has not been serviced in 5 years or more and no moves have been made to foreclose either....
Scott Johnson
Need help converting a HELOC to a commercial real estate loan
Hello BiggerPockets,Last year my wife and I purchased a multiuse commercial building in Wisconsin with a HELOC loan. With this loan we purchased the property and rehabbed it. We now have two short term rentals on th...
Jeff Quintanilla
Note discounting and buying notes
I am looking for advise and info on investing in notes. I just read about such an idea and I'm curious. I'd like to talk with someone in Bend Oregon or Portland Oregon about this topic. I'd like to work with someone w...
Steve Holly
Is there a better way? Need a HELOC for an investment property
I have a really cool situation where I'm acquiring a SFR in a major tourist destination town. I will own the property free and clear. It needs some cosmetic renovation but I'm having a hard time finding a lender for...
Roger Poulin
Private Money solicitation
I went to a real estate auction that was not far from were I live. A guy that had a huge estate died, someone bought it and split it into 5 ac lots. I went mostly to network, but I was ready to buy. The sale require...