Hi folks,

Hopefully a simple question.

I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.

Later in the conversation I asked what the...

Breakdown the last part for me... I am confused on the shorter ammortization part.

$35,000 FIXED at 5.375 for 72 months. Fully amortized. I’ll finance all of the closing costs (doc fee, flood fee, mortgage recording ...

Hi,

I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:

Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...

My long term investing goal is to continue to move up into larger apartment complexes which I will eventually buy and hold.  This would be my first apartment complex and I want to get opinions on whether I should amor...

Can anyone point me in the direction of a good calculator? I have never done an owner financing deal. Could someone please explain this and what the monthly payment would look like? Numbers below:Purchase price 59,900...

I am just starting to work on a deal for a 5-plex where the owner is offering financing at 6% APR.  I am more familiar with APR with respect to credit cards and not so much with personal loans, so I wanted to reach ou...

Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...

Hi BP,Can someone please help. I am new to all of this. Just joined Pro last night, trying out calculator today on some real opportunities so I want to do it right. Question I am using the BRRR calculator. There are t...

Hello Bigger Pockets family! We found a turnkey SFH walking distance from historic St. Augustine Florida. The seller was asking 185k and we asked for 155k with owner finance for 5 years with 5% interest and 65k down p...

Have a couple of loans and I cannot for the life of me figure out what makes the most sense in terms of trying to wipe them out or just invest the money and ride them out.1 mortgage @ 215k, 4.2%, 30yr term, 30 yr amor...