Stephen James's (sajames) Blog

    Everyone has heard of owner financing.  The owner creates the mortgage for $100,000 for example, and receives payments over time.  What most people don't know, is that an investor will purchase that loan AT CLOSING for $75,000 give or take.  As long as you can pay off the seller's mortgage wi...

     Most of us have heard of the bigger fool theory as it relates to investment property, especially with flipping.  Let's take Florida as an example.  During the real estate boom, "investors" would buy a condominium in the pre-construction phase and resell it for more after it was completed, of...