Do you have a property that you’d like to sell, but it doesn’t meet the requirements of a conventional bank loan? Without the help of bank financing, your pool of potential buyers get reduced, but you still have plenty of options to get your property … [Continue reading]
How Does The Tax Bill Effect IRA?
Many people are wondering what ended up in the final version of the tax bill and how it affects IRAs and other accounts. First, a brief civics lesson is in order. In the United States Constitution, Article I, Section 7, Clause 1 states that “All … [Continue reading]
5 Reason To Sell Part of Your Promissory Note
1. The discount is only applied to the portion that you sell. Since cash today is worth more than cash tomorrow, all note sellers can expect a discount to be applied to their remaining note balance when selling. By selling only part of your note, … [Continue reading]
Exactly what is Seller Financing
When a seller allows a buyer to pay gradually for the purchase of residential property, it is called owner financing or seller financing. This personal financing by the seller can fill in a bank loan or be in addition to a conventional mortgage. The … [Continue reading]
10 Ways To Increase The Value Of Your Promissory Note
Down Payment Amount More is better, 20% or more is ideal, Investors feel better when the homeowner has skin in the game. Interest Rate Do Not write a 0% Interest Rate Note; Investors need a good yield ( 8 - 15+%). They will discount the note more … [Continue reading]
