Hey BP members im coming along my real estate journey and was able to successfully attain my first House Hack (ill post the story soon). This transaction brought me a lead to a motivated seller, that wants to do selle...
I read a lot of posts on BP recommending investing in notes with your retirement funds. I see double digit returns (10-15%) being quoted as common for note investments done correctly. But when I do some simple math...
So I sold a property that didn't align with my portfolio with owner Financing. Purchased for 41k, 16k rehab. Sold 99k with 5k down, 10 year note at 10 percent interest. Payments around 1250 a month. So, the lawyer wh...
How do I pay an investor? I have an investor letting me invest 50K @ 13% interest. Do I pay him monthly? Yearly? Etc. also, how much am I going to be paying him? I know, I’m a beginner, please hold the criticism.
I’m looking at fourplex that is priced at $145k. The owner will finance with $15k down, 2-year call, 8.5% 30 years amortized. I put that into an amortization calculator and it looked like the payoff for the origina...
I ran some very simple numbers as a test to get acquainted with the fix-and-flip calculator. I seem to be messing up on the loan section. I have it at 100% LTV ($200,000) at 12% and amortized for 1 year. The result is...
Hi All,
Wondering if you could help...
I am working on a Google spreadsheet to automate some tracking of different bills I have. One bill I am working on is a seller financing calculator. I have run into a problem....
Hello,Has anyone on BP been able to take the residential loan and refinance it into a commercial loan? Someone from BP provided me with this idea and I am wondering has anyone successfully performed this. I have a few...
I’ve been struggling trying to find out how to find monthly interest and principal payments separately but I kept coming up with them combined which made it difficult for me figure out how much equity I would accumul...
BiggerPockets, I need help drafting an Owner Financing Proposal...never done it before.Details: I have the opportunity to purchase 3 Condos in a nice complex for $105,000 total from the same owner. They agreed to ow...