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All Forum Posts by: Derrick Jackson

Derrick Jackson has started 3 posts and replied 8 times.

Post: Podcast

Derrick JacksonPosted
  • Real Estate Investor
  • Little Elm, TX
  • Posts 9
  • Votes 0
I've been using the app on Apple so it plays through my iTunes but for some reason recently it doesn't even give me the option to play the podcast just to download and even then it doesn't play it once I download

Post: Podcast

Derrick JacksonPosted
  • Real Estate Investor
  • Little Elm, TX
  • Posts 9
  • Votes 0
Did something change with the podcast? I used to be able to listen to any and all. It now it doesn't seem to be letting me. Do you have to pay for them now?

Post: Owner financing in Arizona

Derrick JacksonPosted
  • Real Estate Investor
  • Little Elm, TX
  • Posts 9
  • Votes 0

@Alex Hobbs

@Casey Miles

@Kevin Foster

Sorry forgot to tag u guys the first time

Post: Owner financing in Arizona

Derrick JacksonPosted
  • Real Estate Investor
  • Little Elm, TX
  • Posts 9
  • Votes 0

Alex, yes I'm looking to owner finance in order for a win, win, win situation. There are many people in the area that can't qualify for traditional lending, so I'd be helping them. I could probably clear 15k if I sold the traditional way but I'd rather finance myself and make 15k now as well as 300-400 a month for many years to come.

Thanks, Casey for the info.

Kevin, very interested. Please send me info on fees for services and such. I have a buyer ready to go, just trying to work out the details.

Post: Owner financing in Arizona

Derrick JacksonPosted
  • Real Estate Investor
  • Little Elm, TX
  • Posts 9
  • Votes 0
Hi, I have a rental that I have had for about four years. Since getting into real estate investing I've been told and read about owner financing. Well my tenants lease finally ended this month and I wanted to owner finance the house. Are there any investors from Arizona who have used this method? If so any advice you can give would be very much appreciated. Servicing companies, contracts, notes etc. Thanks in advance for any help.

Thanks fellas, for the advice. I wouldn't say it's the deal of a lifetime, so I may have to have lunch with a lawyer and see if I can pick their brain a bit. If I get a clear answer I'll reply to post so everybody knows how things work here in Texas.

Thats a good questions. I'll have to bring that up. Texas is a tough state when it comes to split couples because of the community property laws.

Hi,

I am working a deal in Collin county, TX right now. I was approached by a motivated seller who's name is on the title and loan for the house. He was married but divorced back in 2011, the ex was never on title or the loan. After divorce the ex-wife stayed in the house he purchased, and he moved out. She agreed verbally to pay the mortgage while she was there. Up until 4 months ago she was making payments on the mortgage, but stopped. Once she stopped he saw no other option but to sell. His credit was getting dinged and he can't afford both mortgages now. He spoke with a lawyer about his situation and apparently the judge has stated he is not allowed to evict his ex but says if he can sell the new owner would have no problem evicting her, since she is not a tenant paying rent. I'd like to know can I go through with the purchase with the ex-wife still living there or does she have rights to the property and whether or not it can be sold? Second, if it can be sold, will I be able to just serve notice to her or evict the her or is it more complicated? Thanks for any help you can provide.