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Results (10,000+)
Danny Di Residential & Commercial 4 Plex Deal Analysys
14 March 2014 | 1 reply
It would be 2 lenders financing the mortgage with the below structure: Mortgage: -1st - at 70% LTV $244,300 monthly payment of $1303.81/mth -2nd with Private lender at 15% $52K total 85% LTV monthly payment of $634/mth (INTEREST ONLY LOAN) The lender/brokerage fees to set these up are roughly $7K-10K $52,500 Downpayment (15%) $8.5K FEES Total Cash - $61,000 Mortgage + Expenses = $3085/mth I basically don't have 60k so I'll need to open a LOC to cover half of that amount.
Matt C. Just bought my 1st rent house. Great tenant, raise the rent?
13 March 2014 | 13 replies
If they have been a great tenant and I would like them on a loner lease, I will offer X for a 1 year and half that for a 2 year.
Michael Longobardi Should I solicit owners who have negative equity?
14 March 2014 | 2 replies
Almost half of the houses have equity less than 100 percent all the way down to -68 percent.
Paul D. How to buy first buy and hold.
21 March 2014 | 6 replies
Your loan amount will be 32K at best, most likely 30K, both below most lender's minimum loan amounts.No LLC owned individually with less than about 5 years and a net worth of less than a half million would be seen prudently as carrying it's own weight, credit on business entities is pretty much a myth for small investors.
Alexander Felice New member in NC
18 July 2019 | 8 replies
Welcome from a new BPer also in NC, about a half hour south of Raleigh.
Mike S. Struggling with sellers that are not highly motivated
23 March 2014 | 29 replies
Probably about half the calls I get are from people that think I am an agent looking for a listing even though my marketing clearly says otherwise.
Derek Carroll Bandit signs
31 March 2015 | 18 replies
But the half dozen or so municipal codes I've look at for this specific topic have all forbidden them.
Dennis Guzman Los Angeles Newbie
22 September 2020 | 16 replies
I make a decent wage, however almost half of my wage goes to support payments and the rest goes to paying down debt.
Luis Montanez What will you do with two dead ducks?
23 March 2014 | 12 replies
I have rented in the past but it has been vacant for the last 5 months.The other is a condo that it is currently rented and I owe half of it.