All Forum Posts by: Terry Williams
Terry Williams has started 4 posts and replied 11 times.
Post: Owner Seller financing

- San Diego, CA
- Posts 12
- Votes 1
@Aurelien Bonin thank you
Post: Owner Seller financing

- San Diego, CA
- Posts 12
- Votes 1
@Mike Davis thank you
Post: Owner Seller financing

- San Diego, CA
- Posts 12
- Votes 1
My question is should I try to avoid the realtor that the seller has hired ?
I am trying to obtain a commercial property using owner financing. I have talked to the owner and he is a older guy who does not really know what it is or how it works. I explained it to him and he was not against it but he likes to use his realtor on all deals which is understandable. Idk if I am thinking of this in the wrong manner but I should try to avoid dealing with his realtor because they might not make any money if I use owner financing right ? Or I am thinking of it wrong so just speak with his realtor .
Post: Should I pay for appraisal before my offer is accepted

- San Diego, CA
- Posts 12
- Votes 1
@Joe Villeneuve thank you for the advice I will do.
Post: Should I pay for appraisal before my offer is accepted

- San Diego, CA
- Posts 12
- Votes 1
So my original offer on this duplex was accepted at 130k and I paid for a personal inspection ($300) after the report came back. It’s clear that the home isn’t worth 130k so the seller said he will only come down to the official appraisal price. I don’t want to pay exact market value especially at a time like this. This is my first investment I know I will make mistakes but I want to start off in the right direction. Any advice ?
Post: Mortgage interest rate

- San Diego, CA
- Posts 12
- Votes 1
Is my interest rate negotiable if I am using my VA loan ? Right now it has my interest at 3.75 and is locked until April 3rd . I have not closed on a home yet
Post: Best State for rental income?

- San Diego, CA
- Posts 12
- Votes 1
Originally posted by @Soh Tanaka:
@Terry Williams - Just showed a fixer-upper house there yesterday. What kind of information are you looking for?
i am getting stationed in that area and looking to buy a duplex. i move there in the next 5 months
Post: Should I raise the Rent

- San Diego, CA
- Posts 12
- Votes 1
@Byron Scott
Thank you for the advice. I will talk to my realtor to see if I can get the home for a lower price
Post: Detroit - property manager

- San Diego, CA
- Posts 12
- Votes 1
@Tiffany Perry
Thank you , who do you use currently?
Post: Best State for rental income?

- San Diego, CA
- Posts 12
- Votes 1
@Soh Tanaka
Hello , are you familiar with North Chicago near the naval base ?