121 Scarlet Oak – Mont Claire – Medium-high end fix and flip

Great BIG fix & flip in Upper Providence Township…

121 Scarlet Oak Dr. – Mont Claire, PA

121 Scarlet Oak Dr. Mont Claire, PA

2638 sq ft. – French Style 4 Bedroom 2.5 bath Colonial in need of some cosmetics throughout. Needs a new kitchen, a few bath vanity upgrades, some drywall repair, partially finished basement ceiling repair, some landscaping love, and a handful of other spruce ups and you will have a beautiful home here.   Comps for 1800 sq foot homes (900 sq ft smaller) in this development are in the $350,000 range.  With the right upgrades, this one could fetch more than $400,000 after repaired.  Unloading it for just over the mortgage balance… $289k . Available starting 11/5/2015

Call or text Jeremy now to get inside…  215.321.CASH (2274)

Listen in on a conversation about financing 8 real estate deals bought in 3 days by Phil Falcone of A2RE [Part 2]

Listen to some of the challenges we investors face when we have more deals than we have money. Financing is the other side of the transaction you can’t do without. Watch this video and see if you learn anything about getting your deals done.

Get busy buying people.

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Put all your eggs in one basket. A real estate basket to be more precise.

Phil tells us how he diversifies his investments by putting his money in different houses. Watch this important video to learn more.

How to analyze commercial real estate using cap rates – Part #2

Check out part two of a series where I talk about cap rates and how you need to understand them even if you never bid on a piece of commercial real estate. If you like this topic tell me in the comments and maybe If enough people ask I will release more videos.

How to analyze commercial real estate using cap rates – Part #1

Check out part one of a series where I talk about cap rates and how you need to understand them even if you never bid on a piece of commercial real estate. If you like this topic tell me in the comments and maybe If enough people ask I will release more videos.

The Dodd Frank Act and Owner Financing

The Dodd Frank Act and Owner Financing
Despite there being very few complaints from consumers regarding owner financing, the Dodd Frank Act (as did the SAFE Act) does impact how real estate investors are able to perform selling a house with owner financing. The good news is that the real estate investor won’t really notice any difference in the way they perform their business if they are already following the rules of the SAFE Act. The Title Companies and Licensed Residential Mortgage Loan Originators will have more work to do.

Does the Dodd Frank Act Abolish Owner Financing?
No.
The combination of the SAFE Act and the Dodd Frank Act prohibit real estate investors from taking applications, negotiating terms, and creating a new note unless they are licensed. If the real estate investor is not licensed, then they simply must utilize the services of individuals who are licensed.
While a little more expensive and a little more complicated, selling a house with owner financing is still a viable option under the enactment of this legislation.