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5 February 2025 | 8 replies
Although your message is from a while back, I'm happy to provide an update.
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7 February 2025 | 7 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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16 January 2025 | 2 replies
They aren’t able to get a mortgage themselves so they would provide the money while the mortgage and deed would be in the others name.
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3 February 2025 | 11 replies
Without knowing stuff like this, all the answers provided are meaningless.
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4 February 2025 | 8 replies
Do they provide exclusive leads, or are they shared among multiple investors?
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17 February 2025 | 9 replies
If we had hundreds of loans out, we’d have enough monthly income to aggregate the payments into additional loans—but we don’t.If you do this, your note will have to have a compounding clause in it, provided by your lending attorney.
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23 January 2025 | 21 replies
Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.
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15 January 2025 | 7 replies
I'll provide some tips below.2.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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17 February 2025 | 7 replies
I can at least provide you some comps for your house so you can see what your options are for selling vs renting