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15 October 2024 | 6 replies
Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed.
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23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split seems like a deal if the property is worth over $550k like you say it is.
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24 October 2024 | 14 replies
@Troy Bailey no we moved on because we got outbid to n the property.
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23 October 2024 | 4 replies
I am not really in a position to purchase my first property just yet, but I am getting all my financials in order and saving up to hopefully buy something next year.
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22 October 2024 | 3 replies
I’ve spent months doing online learning, lots of property analysis, and meeting people.
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16 October 2024 | 10 replies
Example, lets say your Roth IRA purchases a property for 100k, with a 50k down payment from the Roth IRA and a loan for 50k.
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22 October 2024 | 4 replies
My wife and I are interested in learning how to purchase real estate properties.
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14 October 2024 | 1 reply
Hey there, I secured a 10-acre property back in May that can be subdivided into two fives.
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22 October 2024 | 1 reply
My name is Cam, and I discovered BiggerPockets on Spotify.I'm 25 and bought my first multi-family property about a year ago.
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14 October 2024 | 1 reply
I’ve read the legal paperwork regarding what’s done in order to quiet the title on a tax lien property.