15 June 2021 | 1 reply
If you can't get the financing or that's not what you want to do long term, then you could sell 4 and perhaps use the cash from those to self fund the 5th or some combination of that.I think it all depends on what cash you have, how much you want to spend, if you need to borrow money, and if you want to be a long term landlord.

14 October 2016 | 55 replies
The inflation your referring to is where a government borrows to over spend then has to print money to pay their debts.

25 February 2016 | 10 replies
I thought Royal Bank of Canada (RBC Bank in the US) would lend to Canadians on rentals in the States, although I've never seen it work out for any Canadian borrower I knew.

22 February 2016 | 4 replies
So if the most you can borrower is 80k you're looking at 80K x 6% 12 = $400 The lender will count the $400 against your DTI Obviously if your interest rate is less or more the payment will move up or down.I hope this helps.
25 February 2016 | 2 replies
I used my free and clear home and borrowed $20,000 from my commercial bank banker.

16 August 2015 | 6 replies
First, I'd take the nice road and explain the consequences of foreclosure (but you won't get a deficiency judgment from an installment contract) and give the borrower a pre printed letter asking you to consider taking a deed-in-lieu-of-foreclosure, if they send it back, you'll save time and money.

22 July 2014 | 10 replies
Loans of 200k to 500k or even under 1 million won't get most commercial lenders out of bed in the morning.It's a headache to them with little to no money being made and the deal is harder because the borrower lacks experience usually at this small level.

4 December 2017 | 4 replies
The borrower would be providing this.
10 September 2018 | 6 replies
The borrower brought $6,199.55 to closing.It cost this borrower $6,000 at closing to make a gross potential return of $65,000!!!

27 September 2018 | 12 replies
@Derek Johnson yes you can double close if you have the funds to wire into the attorney to cover the purchase or you borrow them.