Erik Johnson
50 Year Mortgage
Has anyone tried to get mortgages for longer than 30 years? I am thinking if I could try to get a 40-50 year mortgage I could get more cash flow out of the properties in the short term. Are there any companies that wi...
Jacob Theurer
Land Contract Duplex
Wondering what some of you might think about this deal.... I have an off market opportunity for a duplex 2/1 down 3/1 up. Lower is rented but could easily raise rent right away. Lower is vacant. Would plan on getting ...
Matt B.
Current BRRR Situation
I purchased a SF with cash in an LLC and now looking to pull cash out of the deal. The property is in Mississippi, purchase price was $120k with $30k rehab, ARV is $180ish. I could put a mortgage on the property, I w...
Darren Horrocks
Do you buffer your mortgage interest rate when doing projections?
When doing cashflow projections on a prospective property, do you buffer your mortgage interest rate when doing projections? And if so, by how much and why?And have I made a big mistake by not doing so for my current ...
Jorge Diaz
Mortgage pay off strategy.
Hi there, I'm new to the community. If this questions has been answered I'd really appreciate you pointing me to the article as I didn't find a search box where I could search for it, that being said...I recently atte...
Christian I Presant
How do you keep track of payments with seller financing?
My brother and I are looking to purchase our first rental property. A house we are looking at is not listed as seller financing. However, we are hoping the seller would go for the idea of seller financing and we will ...
Wendell De Guzman
Why Paying OFF A Mortgage Is NOT Necessarily Smart
For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
Collin Sparks
Need opinions on 5 unit counter offer
I recently submitted an offer on a 5-unit idling. It is a brick one story building with 5 units 2 bed/ 1 bath each. No major repairs needed. 3 of the units are rent ready with one of them occupied. The other two units...
Michael Doherty
What are different way to structre debt?
Hi all,I am in the process of raising capital to fund the down payment portion of a seller financed deal. Without getting into too many specifics, I am looking to raise 50k. The property is not a value add but is a bu...
Bill Briscoe
Can I deduct original loan costs when I refi?
I bought a rehab with a construction loan. The rehab period lasted 2.5 months and ended 10-8. I refinanced to a 30 year on 10-31. When I bought the property, the Origination Fee and Closing costs were added to the ...