Buying an older mobile home can often feel like navigating a maze with hidden turns and unexpected dead ends, especially when it comes to financing. Why do traditional lenders often step back from these deals, and what alternatives do prospective… Read More »Options for Financing an Older Mobile Home
In the world of real estate, seller financing is a unique strategy for sellers. Commonly known as owner financing, a seller carryback, or a purchase-money mortgage, this strategy offers a plethora of advantages, especially for sellers looking for passive income… Read More »What are the benefits of seller financing?
We have recently added new options to our seller finance calculator. These include “Balloon” and “Interest Only” options, which enable estimation of monthly and total interest income in a variety of complex scenarios. Balloon The “Balloon” option allows a seller… Read More »Detailed Income Scenarios Using Our Seller Finance Calculator
Seller-financing is becoming an increasingly popular option for real estate transactions. Instead of borrowing from a bank or credit union, a buyer borrows directly from the seller. However, over time, circumstances change, and a borrower may want or need to… Read More »Refinancing a Seller-Financed Loan with a Traditional Lender
Are house buying companies legitimate? Explore the reality of quick home sales, cash offers, and their role in today’s real estate market. Learn more!
Real estate is a great source of income for retirement. These days, fewer people have pensions they can rely on, social security benefits are expected to be limited, and retirees find themselves returning to work. With some solid planning, real… Read More »How to Use Real Estate for Retirement Income
Seller financing (also known as owner financing or a seller carry-back) is when the seller acts as a bank, extending credit for the purpose of making a profit. Usually, the seller has already paid off their mortgage and owns the… Read More »All About Seller Financing