Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

4
Posts
0
Votes
Dayton Rowe
  • Kansas City, MO
0
Votes |
4
Posts

How to pay off loan?

Dayton Rowe
  • Kansas City, MO
Posted

This may be a very dumb of obvious answer, but I was reading the book of on real estate investing by Brandon Turner and in chapter 3 when he goes over his first plan I see a problem. He talks about in year one you find a property that is worth 100,000 and get is for 80,000. Assuming the seller is paying for closing costs you will then be required to put 20% down. Now you will then need a loan. I am very new to all of this, but he never mentions how to pay the loan off. I could have overlooked something but I think I just do not understand. Any insight on this?

Loading replies...