Michael Henry
How do I structure a fix & flip (rehab deal) while the owner holds the mortgage?
I have a deal in Milwaukee, WI where I can partner with the Seller to rehab his home and keep the proceeds over a dollar amount. The owner has a 1st Mortgage; a good ARV is there and the numbers work. What I'm wonderi...
Beth Anderson
HEEELLLPPP!!! Just Got My First Response to Letters! NOW WHAT??
So far I have sent out 85 letters to absentee homeowners and distressed properties. Today I got my first phone call!! I'm feeling very overwhelmed! I've been studying my butt off, but now that it's happening, I feel l...
Connor McGinnis
Financing an apartment complex
I am looking to invest in the Metairie, LA market. It is a suburb just outside of New Orleans. Can someone provide some insight on how you structure your commercials loans? My parents who invest, say they never do dea...
Carissa Mennen
Off-market owner financing
I have my eye on a 10-unit property and I want to ask the owner if he would sell it to me with owner financing. I currently own the building next door, and the owner of the 10-unit has mentioned (in passing) that he'd...
Char Prado
Seller Financing: How It Works in Home Sales
Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
Chip Chronister
financing rentals
I have a few properties and now the bank wants 20 percent down and 6 months of payments per property in the bank to cover my payment just in case all of them go vacant at the same time for 6 months. How do they expec...
Varun Narayanan
Opportunity to flip a home
Hello BP! I am a new member to BP and just sent out an introductory post. I needed some recommendations on the best way to proceed with a potential property that I have found with regards to flipping it.
The property...
Account Closed
Skip Inspection on a HUD home?
Internet searching lead to horror stories on this, but everyone's talking about older HUD homes. I've got one under contract half off appraised value of $165k. PCR is clean. Home is built in 2006, new neighborhood, no...
Ryan Wolfe
buying a house way below market/ like a loan to someone
Hello, this is my first time posting on here I am in Canada and have followed this site for years. I have slowly been getting my legs under me and now I have an interesting opportunity in front of me. I know someone w...
Jw K.
Any reason for selling a paid for house to buy a new one?
I was just going to put our paid for house on the market. Worth about 280k (mostly land value). It is two acres in a first tier suburb of Minneapolis/St.Paul (which is pretty rare). Small, old house built in the 1...