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Going to see another 2/1 in the same complex listed at 75k. The agent above claimed it was trashed to the max. Called the listing agent for THAT unit, she laughed. She said it needs alot of work, but it not that bad.

I had to explain what a "wrap around" mortgage was to an agent a couple days ago! :oops:

Going to see another 2/1 in the same complex listed at 75k. The agent above claimed it was trashed to the max. Called the listing agent for THAT unit, she laughed. She said it needs alot of work, but it not that bad.

I am actually in the same boat, trying to decide how to use my funds I am also looking at owner financing possibilities. That may be the option that i go with, unless of course i saw a good option opportunity i take it.

It a 2/1 condo in Hawaii listed at 110k. Absentee owner. ALL EQUITY!!!! He said the owner would finance 20k only. I have to get a loan for the remaining 90k. I think it would be better the other way around. How about 20k down, and carry back 90k? It been on the market for over 6 months. And the market here ain that depressed like on the mainland.

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the winnings to be paid. Obtaing an instant income from cash flow is not as easy as some make it sound, don be mislead.

Units rent for 1200 1250. Big army post nearby (schofield barracks).

You can always regroup, circle on me at our alternate base and get a new plan order of battle. Gee, I didn know you were deployed! With that beard you must be in the Navy, but maybe not, some of us Army guys had a beard thing going on. Thanks for serving Anthony!!! Bill

??? If you ask for creative financing does it discredit you as a buyer in the listing agent eyes???

finance 20k only. "buyer will have to get a loan for the remaining 90k or pay cash.", he said. I think it would be better the other way around. How about 20k down, and carry back 90k? It been on the market for over 6 months. And the market here ain that depressed like on the mainland.

Both units are "leasehold". May have different lease hold periods which may explain the price difference. I prefer "fee simple".

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Picking up properties as the Optionee and selling them as a fix and flip will be quicker money, with 30K you Air Max 90 Hyperfuse Independence Day Black might run 3 or 4 proeprties at the same time, if you can carry the load and if not much costly repair is needed.

Air Max 90 Hyperfuse Independence Day Black

I had to explain what a "wrap around" mortgage was to an agent a couple days ago! :oops:

Units rent for 1200 1250. Big army post nearby (schofield barracks).

The money I have allows me to buy like 2 3 houses assuming i can get financing for the properties. credit is about 600, very little to my credit history.

It a 2/1 condo in Hawaii listed at 110k. Absentee owner. ALL EQUITY!!!! He said the owner would finance 20k only. I have to get a loan for the remaining 90k. I think it would be better the other way around. How about 20k down, and carry back 90k? It been on the market for over 6 months. And the market here ain that depressed like on the mainland.

Air Max 90 Hyperfuse Independence Day Black

Air Max 90 Hyperfuse Independence Day Black

Both units are "leasehold". May have different lease hold periods which may explain the price difference. I prefer "fee simple".

Originally posted by John Higginbotham:Real estate agents (in my area anyway) are quick to discredit you if you mention owner financing. In the beginning I had a lot of trouble. I spent a lot of time educating my current agent. he just does as I tell him. I used to get the same old line, "they won do owner financing". I wanted it in writing though along with my offer that they rejected it. A lot of times real estate agents aren willing to present the seller with an owner financing offer, even though they are required to.

Creative financing for MLS properties

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I understand how you get someone under an option contract, but how would you be able to rehab a property that you don own but Air Max 90 All Black

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I open to learning more about lease options but I would need a mentor to get started doing that, it seems like more I read about them the more I need to know.

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With 10k to invest (30k 20k you want to keep = 10k), options and wholesaling/bird dogging might be your only choice. Both would provide a good avenue for you to get some hands on learning experience.

It a 2/1 condo in Hawaii listed at 110k. Absentee owner. ALL EQUITY!!!! He said the owner would Air Max 90 Yellow Black White

Units rent for 1200 1250. Big army post nearby (schofield barracks).

Anthony, sounds like you need a battle plan. With 30K, I doubt you turn that into 30+% return in lease options, the options have to be taken for Nike Air Max 90 Black Green

only have the option to own a special option contract that gives you that right or besically the equivalent of the right of ownership?

Going to see another 2/1 in the same complex listed at 75k. The agent above claimed it was trashed to the max. Called the listing agent for THAT unit, she laughed. She said it needs alot of work, but it not that bad.

I figure creative financing will better allow me to acheive my SHORT TERM GOALS.

Both units are "leasehold". May have different lease hold periods which may explain the price difference. I prefer "fee simple".

Air Max 90 Hyperfuse Independence Day Black

Air Max 90 Hyperfuse Independence Day Black

I had to explain what a "wrap around" mortgage was to an agent a couple days ago! :oops:

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