All Forum Posts by: Donald Cooley

Welcome to BP. Take advantage of all the great information on this site. I'm sure you will find plenty of connections in the GR area. Best of luck on your endeavors.

It means the total loan amount is due. You can either get financing, renegotiate with the seller, or pay it off. 

Hi Robert, Welcome to BP. 

I purchased a home via seller financing, we did ours on a 3 year balloon. That being said, I don't think a pre payment penalty should be a worry. That being said it never hurts to discuss it and/or negotiate it.

As with purchasing any home you should always make the offer subject to a home inspection. 

Hopen this helps

Don

Welcome to BP!

Welcome to BP tale adana of all the resources avaliable on this site.

@Keri Middaugh, I currently have one rental in Warren. I am thinking of focusing on multi family in St. Clair Shores, Port Huron, Eastpointe, Roseville, Sterling Heights, etc. More on the east side. Thanks for the invite I'll have to look into it Ann Arbor is a bit of a drive.

Hi all, 

I'm looking to connect and network with people in the southeast Michigan area. I'd like to find Private money partners and find portfolio lenders to help me grow my real estate portfolio. Let's get together and mutually grow our businesses. 

Don

Great job! Congratulations!

Thank you ask for the responses, I will put this info to use soon.

Hi all, 

Quick question. Anyone know a website that you would get the absentee owner info from or homes close to being for closed on? I live in south eastern Michigan and am looking for different ways to get off market deals going. I am going to start driving for dollars and just want to find a way to get the info after finding some homes. 

Thanks in advance for your help! 

Don