Aaron Ram
Seller Financed Deal - What am I missing?
30 January 2025 | 6 replies
Seller financing: Note for $1,350,000.00 - 7% amortized over 30 years with balloon payment after 7 years, interest only. ( I am trying to get the first year at 6% to stabilize then go to 7% remaining 6 years)Property Condition: Above average.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
I understand the BRRRR method is not all that it used to be in the past years, but given that I have a lot of capital to play with, I figured that I would still be able to find ways to make it applicable.Does anybody have any suggestions/tips for me?
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
At the same time, dispute the late payments with the bureaus and provide the payment records showing the payments were made on time if asked.
Cosmo DePinto
Section 8 and DSSCR Loans
30 January 2025 | 6 replies
I've never heard of a lender that wouldn't count Section 8 payments as income.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
11 January 2025 | 13 replies
One thing I am curious of - typically many of the hard money lenders will charge a 1-3 year pre-payment penalty in these types of scenarios unless your client paid points to not have that pre-payment penalty.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.
Briley Roe
Hello BiggerPockets! New PRO here
2 January 2025 | 3 replies
I rented to ACU students and used the rent by the room method.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Cash Payment: Decide whether you'll finance the purchase or pay in full.Future Resale Value: Factor in potential appreciation of the property.2.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
Based on the CU's loan calculator, we can finance that over 60 months for a $320 payment.