Re: I buy Sub2…that’s what I do. - Posted by $Cash$
Posted by $Cash$ on July 18, 2002 at 21:10:42:
Am I making any money, I wish I had all the money from what I have spent on wheel barrow tires, they keep wearing out.
I usually add three percentage points onto the existing mortgage rate. Makes me about $300 extra a month.
If your sellers have good credit, they just say and show they have sold their property with the paperwork I use. Some mortgage brokers even do phony leases because they want their commission money from the lender.
Get the first deal the rest come easy.