Hello everyone! This year I’m looking to purchase a commercial multi family property most likely in Indiana under one million. I have three duplexes and my partner has a couple single-family rentals as well but this w...
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...
Hello,
I have a deal for a 6 unit apartment with great cashflow. Just wanted to ask more experienced investors that if the bank will loan 75%~80% do they allow the seller carry back the remaining balance? Should I s...
I'm sure this has been discussed in some fashion almost ad-nauseum on here, but I wanted to see what people think about using either new card offers with 0% interest for the usual 15-24 months, or balance transfers wi...
I have a couple of questions on the topic of non-performing notes. I have read that if I own a note that is not performing and I have foreclosed on the property. That I now have a choice to keep the property in my ...
Introduction: A blended real estate income portfolio refers to the practice of combining different strategies to invest in and profit from the property market. This approach is considered superior to pursuing just one...
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Hey everyone I am new to BP and to overall REI. I have purchased homes in the past, but always just as primary residences. I am ready to get started investing but have a question regarding funding deals. I currently h...
Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...