Category Archives for Financing

Lease/Option Tips & Strategies

Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips I have learned from doing many lease/options deals over the years. Protecting Your Option Lease/options are great, except when the seller decides not to live up to his end of the bargain. Sure, you can always sue […]

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What is There to Know About HUD, FHA Loans and Title Seasoning?

With HUD properties, title seasoning, FHA loans, and short sales, investors have had some confusion regarding the rules.  This article will help clarify all of these issues for you.HUD is the United States Department of Housing and Urban Development, a government agency whose goal is to increase homeownership, support community development.  The Federal Housing Administration (FHA), which […]

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Owner Financing 101

There are many benefits of doing an owner-carry installment sale as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases, the transaction is “Win/Win” for both parties. Seller financing can provide some real advantages! In my home state […]

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Borrowing Money with Your IRA

Most people think that an IRA cannot borrow money.  In fact, an IRA can borrow money so long as the debt is WITHOUT RECOURSE (i.e., contains language in the note limiting the recourse of the lender to the asset collateralized).  The IRA owner cannot personally guarantee the debt either, including a personal guaranty on a […]

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Creative Real Estate Options

Creative real estate investing is defined as the usage of non-traditional ideas and methods of selling and buying properties. Here, the buyer will initially secure his finance taken from a lending organization and pay the full amount together with borrowed funds which will serve as his down payment. This technique works well in my home […]

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Negotiating Seller Financing

Seller financing – it’s every investors’ dream. So how do you get a seller to agree to carry the payments?  And, more importantly, how do you get the seller to take a really small down payment? Please note, all of these techniques work in my home state of Colorado and will work in most states, […]

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Basics of Owner Financing

Let’s discuss how the basics of owner financing, which is different depending on whether the seller has existing financing on the property. Property Owned Free and Clear Let’s begin the discussion with a simple explanation of owner financing with a property that is owned free and clear of any mortgage liens, that is, there is no debt […]

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Lease Options and Alternative Financing

On Wall Street, the real market mavens who make it from rags to riches do it with stock options, not with actual stocks. CNBC guru, Jim Cramer, made enough money on one option play, Merck in 1986, to leave his job as a broker with Goldman Sachs and start a hundred-million-dollar hedge fund. The rest […]

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