31 May 2018 | 2 replies
If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out?
4 June 2018 | 5 replies
It all depends on your criteria and risk tolerance.
1 June 2018 | 3 replies
I'm pretty risk adverse in those things so as unlikely as it would be for the mortgage company to find out I switched out of my name I really wouldn't want to deal with a due on sale.
28 June 2018 | 12 replies
As far as what happens when the balloon is due, I’ve put down 35% to mitigate this risk.
5 June 2018 | 7 replies
You will obviously be putting your home at risk somewhat, so that is something to consider.
1 June 2018 | 3 replies
You get the worse terms because banks see it as the biggest risk.
3 June 2018 | 3 replies
But I am also taking on a bulk/all of the risk financially.
8 January 2021 | 6 replies
My background is in construction management so not much will scare me off; as long as I can quantify the risk and make the numbers work. 2.
6 June 2018 | 4 replies
You were able to do everything quickly so your carrying costs were only about 2k.
10 September 2018 | 96 replies
The properties we currently have under contract will be purchased with commercial bank financing and seller carry back financing for 10-15% of the down payment.