Details on my mortgage - Interest bearing Principle $197,000Deferred Principle $95,440Interest rate 4.7%20 year loan with 18 years left.I wanted to pay $7,000 extra a month for the Deferred Principle but the lender c...
I have 3 investment properties with existing mortgage notes.
1 at 4.375%- 17K unpaid principal-(Original 10 yr. note principle= $48,000
1 at 5.75%- 66K unpaid principle (Original 30 yr. note principle= $67,5...
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
I am looking to structure an owner financing deal. Here are the number:Purchase price: $320,000Amortization: 30 yearsInterest Rate: 5%Balloon payment: 3 yearsMonthly payment: $1717.00How do you structure/allocate you...
Hey ya'll, heard of a strategy that I wanted to see if you had any thoughts or experience handling. The goal is to generate cash for the principle by creating a promissory note on a piece of property the principle alr...
Hello all, I need to arrange some money for my ongoing business. While searching for a way to raise fund for the business, I got to know that there are financial institutions that offer credit and loans based on home ...
I was listening to an older episode of bigger pockets today and they brought up the discussion of a negative cashflow rental, specifically in the context of turning a principle residence into a rental property. I coul...
Hi BP! I've been a wallflower on BP for a few months and I finally built up the courage to do my first DM campaign. I have a lead now that didn't ask me to take me off my mailing list. I'll try to be as detailed as po...