BJ_GIBBONS
— Note Payments
Note payments Many times we will give a note for equity. Many times we will give a note and negotiate no payments for 60 months. Other times we will give a note and negotiate interest only. And other times we will give a note and negotiate annual payment only. No payments are completely negotiable.
— Simultaneous Financing
Simultaneous financing has to do with creating a note with seller financing and then selling that note quickly to a note broker. It’s important to create the note so that the note broker will buy it or Market it for sale. Creating a marketable note is an important thing and we teach that here.
Money Sources
What are the different types of financing available to real estate investors? Real estate investors have a variety of financing options, including: Bank Financing: Traditional bank loans, suitable for refinancing rental properties or financing retail buyers. Hard Money Lenders: Short-term, higher-interest loans for quick property purchases. Private Lenders: Individuals who lend money for real estate […]
Getting Money Back at Closing
Strategies For Getting Cash Back At Closing -The Seller -Money You Borrow -Wholesaling To Yourself Or Your Partnership -Refinancing Rental Property -Your Buyer
– Money You Borrow
The money that you borrow As a real estate investor you need to be able to borrow money. Hard Money for Rehabs Hard money means that you get a loan from a hard money lender Generally you don’t have to use your own money for hard money lender It’s based on the properties ARV value, […]
Buyer
Buyers in real estate investing There are many types of buyers in real estate investing If I’m a real estate investor as a buyer, I may look for the following A terms deal; – lease purchase as a buyer from a seller – subject to existing financing as a buyer from a seller – land […]
– Land Contract Purchase
Buying on a land contract When you buy on a land contract you put some money down, you make some payments over time and you have a balloon payment at the end. We use land contracts, contracts for deed, agreements for deed, they’re all the same thing everyday as one of our offers as a […]
– Installment Sale Free and Clear
Read the IRS info Installment sale. An installment sale is a sale of property where you receive at least one payment after the tax year of the sale. If you realize a gain on an installment sale, you may be able to report part of your gain when you receive each payment. This method of […]