Stelios Andong
How to buy your first duplex in San Diego, CA with FHA loan!
We are looking into buying our first duplex/triplex in San Diego, CA with an FHA loan (3.5% down payment). We would like to live in one unit and rent out the other unit. I have used the bigger pockets calculator to fi...
Connor Heim
Do I need to register my Texas LLC in FL for new investment prop?
The title says it all. I have a new Texas LLC that I've started that will be the owner of my real estate portfolio.I'm under contract to buy a condo in Sarasota, and will assign the contract to the LLC at closing. T...
Ron Le
Need an opinion from brokers on this refinance loan
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
Stephanie Trevizo
Seller financed 2nd will not accept payment
Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
Alain Perez-Majul
Selling Seller Fi on Land Contract vs. Note/Mortgage
Hey guys! Was wondering what the main difference is between a land contract and note/mortgage sale (benefits, negatives). When it comes to the actual financing terms (ie. length of loan, interest percentage, etc), bot...
Account Closed
syndicated deals - who secures the loan?
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
Matt Tennie
Thoughts on paying down your principle early
I Have a rental property that cash flows about 1700$ a month, is it smart to pay down the principle sooner (30 year fixed) with the extra cash, or save for buying more houses? or is there a best of both worlds, where...
Connor Feist
Seller Financing w/ existing mortgage??
Lets get creative!!I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.I've e...
CJ Letzelter
Colorado/ Denver
Hello all,My home is Colorado. I currently live in Singapore with my family. I built and own a cabin in Colorado and have owned/ built 7 homes in my life including a rental property in Western Colorado. I am 47 yea...
John Stoller
Should I purchase this duplex and live in half?
I currently live in a duplex which is now for sale. I am interested in buying it, but I cannot make up my mind. Any advice would be appreciated. Pertinent information is below:The Property:The duplex is listed at $400...