I’ve Sold and Carried Back Paper – Can I Still Close My 1031 Exchange?
Increasingly, sellers are becoming more flexible and carrying paper (taking back a note) in order to close escrow on their investment properties. So, how does
Increasingly, sellers are becoming more flexible and carrying paper (taking back a note) in order to close escrow on their investment properties. So, how does
I follow the work of guys like Bill Bonner, publisher of The Daily Reckoning: “While U.S. business still seems fairly solid, generally, the financial sector
Notes are often created in the image and likeness of their Creator . . . sometimes we can look and call that good. Sometimes the
Trying to get a loan funded can be incredibly frustrating these days. Are we really at the mercy of the lending institutions? Are there other
Recently, a seller called me wondering if she should accept a seller carry back offer. She and her sister had inherited a residential property after
Do sellers carry paper on purpose? Actually, yes, they do. About 5 years ago I bought a small commercial property from an older couple who
When buyers with FICOs of 800+ have a hard time getting a loan, what’s the world coming to? Are we going to be able to
Seller carryback financing can be an attractive option for the reasons listed in the last post; however, it is important that the transaction be structured
Many sellers of real estate automatically think they need an all cash buyer, but do they? What many people need is a steady flow of