Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Jack B. Thinking of selling my properties off slowly over time.
18 March 2024 | 15 replies
OR you could sell them with owner financing.
Michael Nelson What do Hard money and private lenders need to see
19 March 2024 | 13 replies
Most are like this: •Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Erica Parnell Peaks & Pines
18 March 2024 | 0 replies
Purchase price: $420,000 Cash invested: $90,000 Single family 3 bedroom 1 bathroom How did you finance this deal?
Robert Mendenhall Rules for appreciating markets
19 March 2024 | 15 replies
@Robert MendenhallA couple points:Buying a 2 to 4 unit building with either FHA or VA financing and living in one of the units is a GREAT way to get started with home ownership and investing.
Juan David Maldonado Interest Rates Killing Everyone. Next Strategy?!
18 March 2024 | 3 replies
lower out of pocket cost and if it's your first deal less stress if something goes wrong. seller financed homes.
Jason P. Multiple questions on Selling my property with owner financing
16 March 2024 | 13 replies
I have a client who has 250 owner finance sfr in TX..
Jesse Grim Hard money lender or refinance
18 March 2024 | 7 replies
Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.
Debra N. Seller Financing Terms
16 March 2024 | 3 replies
Hi All,  I am planning to move into the seller financing strategy to generate cash flow and am looking for advise.In today's world of Dodd-Frank, what is a good finance term?
Joseph H. Seller financing terms
16 March 2024 | 3 replies
I am looking at multiple properties for sale at a decent price but wanted to check what you all have to say about the terms for seller financing.
Christian Rodriguez Can i take out all of the money out of a 401k account ?
18 March 2024 | 23 replies
I'm not too familiar with this form of financing would love some advice on how to capitalize on it !!