Hi, all! I hope you are all doing really good and having a Wonderful Day! I'm here because I'm still looking for a property to get started in for investing. But I need someone that I can go to as a newbie. I'm located here in Nevada, and I actually found another building that might work, but I ne...
Hello, Looking to hear from owner's that have done a seller financed deal or knows of someone that did and what was the outcome, good or bad?
Hey guys, need help finding a lawyer. I bought a few rentals a couple years ago in west Michigan, long story short, we've got to let go of one because we're over leveraged. Our lender wrote a bad loan, we purchased the property for more than it's worth, now we aren't able to sell it properly with...
Hey there, I am currently acting as the buyer closing on a custom land contract for a single-family home located in Portage County, Ohio. To protect both parties and keep everything clean, we want to use an independent third-party servicing company to handle the contract's ongoing administration....
I’m a real estate investor in Sacramento, CA, and I’m looking to connect with people who have real experience with creative finance transactions, especially subject-to deals. I’d really like to connect with: Investors who regularly structure subject-to and other creative finance deals Insurance a...
Hello everyone, My name is Austin Bosgraf and I am looking to buy a house hack property to live in while attending grad school next fall. My reason for posting today is to ask for some clarity on receiving a loan for said house hack. To give some background on my financial position I am coming ou...
From my experience, I've used both notes and shared equity, and it really comes down to the opportunity and your own risk profile. Private money gives you more control but tends to cost more, while equity is cheaper upfront but means less control and less upside for you. Would you rather give up ...
I’m buying 20-60 unit apartment properties in Lorain County and west Cleveland, and I’m looking for a lender that will let a seller-financed second reduce the cash I bring to closing. I’ve seen a lot of creative finance deals done with 5-10% down where the seller carries part of the price, and I’...
What types of financing are working best for you right now when a deal is a little tight on cash flow? Are you finding better results with DSCR loans, adjustable-rate loans, seller financing, interest-only options, or something else? With rates and expenses where they are, I'm interested in heari...
Hi all, Rob here, a Louisville agent who works mostly with investors. Two people want the same house. The seller can't drop the price. The buyer can't get the loan. Not this year. A lease option doesn't need anybody to give. It needs time, and time is the one thing both of those people have. A le...
In Jefferson County, KY right now there are 153 multifamily buildings for sale. 38% have cut their price, 69% have been sitting 60+ days, and September sales closed at 90.6% of original asking. Put that next to the $875 billion in commercial loans coming due this year and you've got owners with a...
Hi all, Rob here, a Louisville agent who does a lot of creative-terms deals. This is the Kentucky-specific stuff I wish more people knew before they wrote their first seller-finance deal here. Thirty-nine point four percent. That's the share of American homeowners who own their house outright: no...
Hello, I'm purchasing a FSBO, $485k purchase price in florida, single family, investment loan. Seller is fine being in second position to the bank with a $95k note, interest only, 7 year balloon, no PPP. Current bank i'm talking with offers great rates but still wants 15% down of my own money. Lo...
My parents have a property in San Francisco currently doing a major $700k+ remodel, including addition of a legal ADU, making a SFR into a legal 2 unit property, likely appraise for over $2 mil in a few months. These 2 units are rented out to family at way below market rent, but to recoup the rem...
I’m curious how people are actually structuring these deals in practice. I’ve been looking at multifamily / small commercial residential acquisitions where the seller is open to carrying part of the purchase price, and the structure would be something like 70% senior financing with the seller car...
Hello Everyone, I recently heard about a loan product called an HEI - Home Equity Investment. I spoke with a senior client who has significant equity in her home, however is in need of some cash to sustain her financially. I have done some preliminary research on companies such as Point and Split...
I own a property in Leander, TX 78641, currently worth approximately $365K. The current lease runs through August 31, 2027, with base rent of $2,200/month plus a $25 animal fee. The loan is current. I’m flexible on what I receive from the property depending on the overall structure. My main prior...
New RE investor, building my investor network, questions about creative financing options.
Looking for input from experienced multifamily investors I’m evaluating a multifamily property. The property recently completed a renovation and is currently operating, but I’m trying to determine the best financing/exit strategy because it does not have a long post-renovation operating history y...
Investors come in different sizes and levels of experience, from small or newbies to seasoned investors. And just like and tradesmen, experience often means knowing which tool to use, and when to use it. That brings me to HELOC's. "Are you using your HELOC as the whole solution-or one piece of th...
What has been your experience selling with seller financing? Are you basically a glorified landlord or has your experience been better? What were the terms of your your loan? Did you sell the loan to a note buyer? What loan terms are note buyers looking for? I know a lot of questions but your exp...
I’ve been thinking through a structure on some small multifamily deals and I’m curious whether anyone here has actually closed something similar. Every once in a while I come across properties trading at a 12%–13% cap rate where the income supports a value materially higher than the negotiated pu...
I see alot of people who purchased around early 2020's who want to access cash from their investments but cant refinance without messing up their cashflow. Is anyone here running into similar issue?
Lenders seem to be tightening DSCR requirements lately. Anyone seeing real differences in refinance terms between a 1.0x and a 1.25x+ deal in this rate environment?
I know a mortgage normally would not fit under the 'creative financing' category, but this is a special category, so I thought I would give it a try here. My wife and I bought a property two months ago planning on flipping it. Then probably about the 100th time we heard the word BRRRRRRRRRRRR (ri...