
3 October 2016 | 5 replies
I think I can make my self a loan from the solo but how long can I make it for and can I make it with small payments?

6 October 2016 | 8 replies
My current mortgage balance is a little over $66,000 and my mortgage payment is $663 a month(includes taxes,insurance).

4 October 2016 | 8 replies
Bigger discount rate (60-75% of note principal balance) will apply to notes that are: new note, no payment history, low interest rate under 7-8%, long term (over 15 years), paperwork issues (dod frank compliance for ex.), undesirable markets, long foreclosure states, and few others.

6 October 2016 | 33 replies
Now let's look at the numbers (Monthly)Average rent/unit = $775Gross Income with 94% occupancy = $24,02550% gross income for expenses = $12,012Bank Mortgage payment for $1,875,000 @ 4% 30 year = $8,952Seller finance $375,000 for 6 years @ 4%, with interest-only payments = $1250Private money loan payment for $300,000 for 6 years @4% also with interest only payments = $1000Subtracting all expenses and debt service from gross income gives me = $811 in cash flow which I would set aside to use only on the property.

9 October 2016 | 20 replies
I've been very nice and working with them on payment plans and catching up on back rent.

4 October 2016 | 8 replies
Also, what percentage do you look for as ROI on your down payment?

17 October 2016 | 13 replies
I did a drive by on a property today where we are in the process of evicting a tenant for non-payment of rent and noticed that tenant has cardboared up some of the front windows of the house.

4 October 2016 | 13 replies
I'm concerned when you say you only have enough for down payment - you may have but haven't mentioned....you have to have enough for closing costs and major repair issues too.
14 October 2016 | 23 replies
They charge a 3.9% fee and I just had to show the down payment in my business checking account.

14 October 2016 | 2 replies
We are about to lose all our stuff that we have in storage because we cant afford the past due balance and this months payment.