Joshua Silver
Tricky Question About Equity Lenders With 0% Interest
Hi, everyone. I got a mailer recently from a company (that I don't want to be accused of promoting) which offers to give you an equity loan with zero percent interest and no monthly payments. I was dubious to say the ...
Brandon Craig
Tax implications for owner financing
Hi all. I was wondering if someone could explain the tax implications for both sides of an owner financing deal for a rental property? I am just starting to research this financing strategy and I'm wondering how muc...
Zachary Schimenz
Conventional Loans don't make sense to me because...
Ok so I'm reading a lot about loans and trying to figure them out, a couple things I can't figure out for the life of me, was hoping one of y'all could help me understand!1. Why would a bank loan out money at a 4% int...
Rich Hupper
Will this Owner Financing Deal Work?
Hello Everyone can someone tell me if this scenario would work in the real world.I want to put 25% down on a 90,000 purchase ( 22,500) . The loan terms are 5% at on 20 year fixed term loan.I then want to do 20,000 wo...
Ryan Denman
15 Year vs. 30 Year Mortgages on Rental Properties
In my market (Denver metro) properties are pricey and the amount of money that could be saved on interest for a 15 year vs 30 year mortgage is significant. I am thinking that properties here would be best utilized by...
Jacob Kline
Bank screwing with us?
I am talking with a motivated seller, very easy seller to talk with and seems willing to accept any reasonable offer. He has 60% equity. He is telling me that the bank is “telling him things” that seem to make him fee...
Taylor Johnson
Understanding Private Money Interest Rates
Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
Greg M.
Owner financing: Who receives credit for principal/interest?
I am trying to purchase a property with owner financing. Hypothetically the seller owes $85,000 to the bank and the property is worth $110,000. He has agreed to seller finance the property for 3 years. I am trying to ...
Cameron Parr
Back Taxes on Pending Sale
Good Day Investors,I am a new investor and under contract to purchase a duplex in Rochester NY. Property has a back tax situation as reads below. My realtor addressed seller about the taxes due and they agreed to pay ...
Daniel Onunekwu
How do I find out whats owed on a house
Hello everyone, How do I find out what is owed on a property ?