by William Bronchick, J.D. | Oct 16, 2013 | Creative Real Estate Investing, Miscellaneous, Real Estate Investing Strategies
A “Contract for Deed” is also known as an “Installment Land Contract” or “Agreement for Deed.” These are owner financing tools for buying or selling real estate with owner financing. For more details see: The Ultimate Guide to Owner...
by David Krulac | Oct 15, 2013 | Miscellaneous, Real Estate Investing Strategies
We buy lots of houses from tax sales. This is the story of one of those houses. A retiree moved from New York City to Pennsylvania and paid $150,000 all cash for a nice 1,700 square foot house. It was all brick, had a large two-car attached garage, nice level yard,...
by Phil Pustejovsky | Oct 3, 2013 | Creative Real Estate Investing, Miscellaneous, Real Estate Investing Strategies
How is the government shutdown affecting real estate investing? Those investors who buy and then resell, or flip, properties to retail buyers are the most affected because the shutdown is playing havoc with the loan origination process. And when buyers can’t get...
by Jackie Lange | Sep 23, 2013 | Creative Real Estate Investing, Miscellaneous
A “Lonnie Deal” (named after Lonnie Scruggs) is when you buy an older mobile home for a couple thousand dollars, then resell with seller financing for 2,3,4 times more. Often you get all your money back within a few months. After that, it’s pure cash flow....
by Rick Tobin | Sep 17, 2013 | Miscellaneous
Our financial markets and country have changed over the past five years (September 2008 – September 2013). But the true magnitude of the financial chaos became apparent to most Americans in September 2008. Beginning in mid-September 2008, Lehman Brothers, Bear...
by Rick Tobin | Aug 6, 2013 | Miscellaneous
In spite of a tough job market, rising consumer goods prices, challenging mortgage loan underwriting guidelines, and numerous trillion dollar bailouts, home prices have been improving quite well across the nation. What happens if and when mortgage loan underwriting...
