Category Archives for Financing
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, […]
Continue readingBasics 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 […]
Continue readingLease 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 […]
Continue readingReal Estate Financing 101
Money Doesn’t Grow on Trees – So Where Should You Look?It is possible to get into the real estate investing business with very little or no cash. You can be a dealer – someone who finds bargain properties, signs purchase contracts with the homeowners, and then sells the contracts to more well-heeled investors – with very little […]
Continue readingCreative Real Estate Investing by William Bronchick
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. One of the effective ways of purchasing […]
Continue readingOwner Financing Mechanics
Owner Financing Mechanics by William Bronchick, Esq. To sell a house quickly, it must be attractive and so should the terms. By fixing your home to present it in the best light and offering flexible terms as well, you have in fact given your buyer an “offer they can’t refuse.” When offering your house for […]
Continue readingUnderstanding Loan Terms
When considering an investment property loan from an institutional lender, you need to consider many of the variables involved in the loan terms being offered. Interest Rate The cost of borrowing money, i.e., the interest rate, is one of the most important factors. Interest rates affect monthly payments, which in turn affects how much you can afford […]
Continue readingHUD, 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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