My wife and I are looking to make our first home purchase in San Diego and would prefer to invest in an owner-occupied multi-unit building. We found a recent property that we could live in, but not be cashflow positiv...
Good evening!
I'm looking to see if someone can please explain these terms to me for a seller financed purchase?
20% down. 2 year balloon. 12% interest only.
Thanks in advance!
Hey everyone, Big Noob here. 21 years old and aggressively saving for my first down payment. Just beginning the process of acquiring resources and learning about rental properties. One thing that stuck out to me was v...
Hello,I am just starting out and I'm stuck. I am in the pay off all debts (to increase my debt to income ratio) phase while also trying to save up money to start. The only issue is based on my research once I pay of...
silent wrap-second mortgage-how easy is it to refinance?I have a seller offering me a silent wrap second mortgage. He says I'll get an affidavit of equitable interest at closing and my payments to him are escrowed and...
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I noticed that most of commercial lender would only provide a financing term that shorter than lease term for single tenant property, so owner will have to seek refinance/resell at a time when the initial lease would ...
Hello BPers!My husband and I will have $80,000 to spend on rental investments next year. We will invest in a buy and hold, in the Memphis area. I am curious how you would invest $80,000...1. Purchase a home with cas...
I've been trying to get my agents license for a long time now and due to unexpected expenses and health issue it been nearly impossible to save anything. I wanted to Know if anyone has ever gotten their agent's licens...
Hi all,
I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm ...