User
Write something
Pinned
Welcome New Members!
We are so glad you have joined our community of experienced investors who are passionate about mastering creative finance strategies. Here you will find the education, insider tips, and tailored support needed to successfully leverage creative financing methods like seller financing and wraps. Our goal is to help you grow your real estate investment portfolio and achieve your financial goals. As a member, you gain access to comprehensive training materials, motivational success stories from other investors, and a forum to connect with like-minded professionals. This is a place to learn, share knowledge, and elevate your skills together. We encourage you to introduce yourself in the introductions channel! Let us know what first drew you to creative finance real estate investing. What are your goals and dreams? What strategies do you want to learn more about? In our friendly, positive environment, you'll find the tools and network to become a savvy, deal-making investor. We can't wait to get to know you!๐Ÿ˜„
6
1
New comment Mar 3
Harris campaign proposes $25,000 down payment assistance!!!
The Harris campaign is proposing $25,000 down payment assistance for families who do not have history of home ownership. This is an interesting situation that will most likely just increase the cost of a home for people. This isnโ€™t a political post but rather a think post about how we as creative realestate investors can capitalize on this. This all comes as the nation is facing a major housing shortage. So what does that mean for you? Buy land and build, that simple. In the next coming weeks we will discuss how we can buy land with creative finance and take advantage of the changing times.
1
0
Good or bad deal ???
Hey howโ€™s itโ€™s going this deal just came across from my Facebook group. Would you consider this a good or bad deal? ๐Ÿ  ๐—ข๐—™๐—™ ๐— ๐—”๐—ฅ๐—ž๐—˜๐—ง ๐—•๐—ฎ๐—น๐˜๐—ถ๐—บ๐—ผ๐—ฟ๐—ฒ, ๐— ๐—— ( ๐Ÿฎ๐Ÿญ๐Ÿฎ๐Ÿญ๐Ÿฑ ๐—ญ๐—ถ๐—ฝ ๐—–๐—ผ๐—ฑ๐—ฒ) ๐Ÿ  . โ—๐Ÿฏ.๐Ÿณ๐Ÿฑ% ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฅ๐—ฎ๐˜๐—ฒโ— . ๐—ฃ๐—ฅ๐—ข๐—ฃ๐—˜๐—ฅ๐—ง๐—ฌ ๐——๐—˜๐—ง๐—”๐—œ๐—Ÿ๐—ฆ : . -๐Ÿ“Baltimore, MD (21215 Zip Code) - 559,000 Population - Single Family / Townhome - 4 Bedroom / 2 Bath Units ๐Ÿ›๏ธ๐Ÿ›๏ธ๐Ÿ›๏ธ๐Ÿ›๏ธ/ ๐Ÿ›€๐Ÿ›€ - Full Finished Basement - Will be performed as Subject To "Mirror" Wrap . ๐—ก๐—ข๐—ง๐—˜ ๐——๐—˜๐—ง๐—”๐—œ๐—Ÿ๐—ฆ : - $189,414 Mortgage Loan Balance (Approximate) - 3.75% Interest Rate - PITI is $1,704.84 (P&I of $932.28) . . ๐—›๐—œ๐—š๐—›๐—˜๐—ฆ๐—ง ๐—”๐—ก๐—— ๐—•๐—˜๐—ฆ๐—ง ๐—จ๐—ฆ๐—˜ : - LTR Rates Between $2,100-$2,500 (As High As $3,200 on Zillow) - Section 8 4 Bedroom Voucher of $2,180 - Land Contract/Lease Option to Owner Occupant (Est. $700+/m Cash Flow @ 7% Rate) - POTENTIALLY Rent By Room/Pad Split - Owner Occupy - Est. 5 Year Home Value of $280,000 w/ 3% Appreciation - Est. 5 Year Home Value of $300,000 w/ 5% Appreciation . . ๐—ง๐—˜๐—ฅ๐— ๐—ฆ : - Cash to Close of $23,000 + Closing Costs . . ๐—ฆ๐—จ๐— ๐— ๐—”๐—ฅ๐—ฌ : - $189,414 Mortgage Loan Balance (Approximate) - 3.75% Interest Rate - PITI is $1,704.84 (P&I of $932.28) - LTR Rates Between $2,100-$2,500 (As High As $3,200 on Zillow) - Section 8 4 Bedroom Voucher of $2,180 - Land Contract/Lease Option to Owner Occupant (Est. $700+/m Cash Flow @ 7% Rate) - POTENTIALLY Rent By Room/Pad Split - Owner Occupy - Est. 5 Year Home Value of $280,000 w/ 3% Appreciation - Est. 5 Year Home Value of $300,000 w/ 5% Appreciation - Cash to Close of $23,000 + Closing Costs . . Disclosure: The seller and/or assignor do not guarantee the accuracy of the information provided in this listing. All information is deemed reliable but not guaranteed. The buyer is responsible for verifying all information and performing their own due diligence. The seller and/or assignor will not be held liable for any inaccuracies or omissions. The buyer is encouraged to conduct independent research and inspections to ensure the property meets their requirements. This only an assignment of contract and/or equitable interest
Poll
2 members have voted
1
0
Types of list to pull for motivated sellers
Liens Bankruptcy Vacant Homes ( must be stacked) Divorce Pre Foreclosure Tax Delinquent Probate Older owners (stack list) Tired landlord ( stack list) Out of state owner ( not really a pain point) List stacking is combining two or more categories in a list Some other list High equity You can stack these lists together to further increase the number of pain points
1
0
Using Credit for RE Investing
Topic: Using Credit for RE Investing Time: Mar 3, 2024 08:00 PM Central Time (US and Canada) Join Zoom Meeting https://us06web.zoom.us/j/88959191470?pwd=3eGeGU8j7Pc7F8cloOzDmaL7suIvCw.1 Meeting ID: 889 5919 1470 Passcode: 617138 --- One tap mobile +13462487799,,88959191470#,,,,*617138# US (Houston) +14086380968,,88959191470#,,,,*617138# US (San Jose) --- Dial by your location โ€ข +1 346 248 7799 US (Houston) โ€ข +1 408 638 0968 US (San Jose) โ€ข +1 669 444 9171 US โ€ข +1 669 900 6833 US (San Jose) โ€ข +1 719 359 4580 US โ€ข +1 253 205 0468 US โ€ข +1 253 215 8782 US (Tacoma) โ€ข +1 386 347 5053 US โ€ข +1 507 473 4847 US โ€ข +1 564 217 2000 US โ€ข +1 646 876 9923 US (New York) โ€ข +1 646 931 3860 US โ€ข +1 689 278 1000 US โ€ข +1 301 715 8592 US (Washington DC) โ€ข +1 305 224 1968 US โ€ข +1 309 205 3325 US โ€ข +1 312 626 6799 US (Chicago) โ€ข +1 360 209 5623 US Meeting ID: 889 5919 1470 Passcode: 617138 Find your local number: https://us06web.zoom.us/u/k76u5b5Ox
1
1
New comment Jul 24
1-14 of 14
Owner Finance Academy
skool.com/ownerfinance-homes-1072
Master creative finance with our group. Learn seller financing, Subto, wraps, & wholesaling. Education, networking & support for owner finance success
powered by