24 September 2018 | 0 replies
For all intents and purposes, the Rectory looks and funtuons similar to our row of houses.My other neighbor (let's call him Eddie) and I were informed by the priest last weekend that the Rectory will need to be sold soon because of a lack of financing coming in from the school.
24 September 2018 | 5 replies
Closing costs both ends, commissions, financing/carrying costs, etc.
24 September 2018 | 6 replies
You have your loan, credit, finance information.You can use your credit card to pay for repairs.
25 September 2018 | 5 replies
I understand that this is difficult but not impossible. Any suggestions?
24 September 2018 | 2 replies
I will get the LOC on my business account but I also want to buy another home to live in with my personal finances and rent out the property I am now living in.
24 September 2018 | 3 replies
This Is also a seller financed deal.
25 September 2018 | 8 replies
Here are some alternatives to commingling your assets: using the Solo participant loan feature to do the deal outside of retirement funds using non-recourse financing from a lender or private source in combination with retirement funds as the down paymentusing your 401k or IRA and partnering with non-disqualified persons
26 September 2018 | 20 replies
There are also 'loan guarantors' (or 'key principals' KPs) who get compensated for signing on the (non-recourse) loan and bringing their net worth to qualify for the financing (i.e. they get a share of the general partnership).
27 September 2018 | 3 replies
The lender will open up the pro forma, deal summary, and your finances to see if it appeals to them.
25 September 2018 | 3 replies
I am currently doing a seller finance with my parents.