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I'm looking at a possible flip and can't decide the best method of financing. We have some cash in mutual funds and are wondering if it's wise to pull that out and pay cash then finance the remod....Or save the cash ...
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i am an aspiring investor in Nigeria, i just got offered a raw land and i will like to build a multi family on it. that being said, how can i finance such project if i don't have the money to build on it.
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I have recently won an auction on a foreclosure sale. I have 40 days to close. The bank will not give me financing withou having access to home to do an appraisal. I cannot enter property before closing. Thoughts?
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We have two properties that we came across through our DM campaign. Both would be great rentals to add to our portfolio. Both sellers are motivated and open to seller financing.The way we are planning to structure t...
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Hi everyone!As I look into scaling our business, I am having difficulties with the amount of reserves required to close a deal. I talked to a couple of local credit unions, but their requirenments were similar to big ...
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This is my first experience with owner financing. I have several rental homes, but decided to sell one of them. I've asked for 10% down and will charge 6% interest. I want to make sure I handle this correctly. Should...
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Hello! I'm a agent in michigan just starting out with investing. I was exploring the idea of tax auctions to purchase my first flip. unfortunately with the purchase using cash I have very little left for reno. I now t...
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Hello all! This is my first post as a BP member! After a long time of dreaming I am finally ready to set up a plan and get going on my REI. I've been researching for about a year now, but I'm still confused about fina...
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Recently purchased my first two rental properties. I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...
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What is the PV of these notes and how is it calculated?A. $20,000, 12% interest, no monthly payments, principle and interest all due in 5 years.B. $20,000, 8% interest, payable at $350.66 per month fully amortized ove...