What is typically the rate charged on a owner financed property? This would be for a very short term of 3 years maybe.Is it fully amortized and does it include/require down payment and/or balloon payment?thanks!
Hi All, I may have found the right apartment complex to buy but I have no idea how to structure the purchase, ownership, monthly cashflow and selling it. I will manage the entire purchase and the apartment itself (not...
I'm in negotiations for a 12 unit in Cleveland right now, and will be raising 150k to go towards down payment and reserves. Our plan is to lower expenses for the building (gas is in landlords name now etc.) make mino...
Hello,
As per my last post I am trying to get a feel for the Memphis area real estate investment market. Once I have found a place, assuming I'm not paying cash, how do I figure which financing options to use? Ar...
I’m sure this is a newbie question but if I want to find out who owns a rundown property in a neighborhood what are the steps I need to take or how do I find this information.
Hi everyone,
I am an Australian who already has a portfolio of properties in Australia. I just recently bought my first property in the U.S. This property is in Indianapolis and doing very well. I paid cash for this...
Hello Bp,First, I would like to say it's truly a pleasure being a part of the BP Family. Bp has really provided inspiration for me to get out and make a deal happen in real estate. My name is Melvin Rose and I'm a rea...
How Can Private Lenders Ensure Flexibility While Protecting Their Interests?
I'm still a little fuzzy on the details of how an investor might be paid. I hear lots of talk on here and in the podcasts about getting investors X% return on their money but what does that really mean? Is it the perc...
Hi Everyone,Are there hard money lenders willing to lend 100% of the purchase price? If so, can you refer me to any or how the process works?I'm trying to purchase multifamily homes with these hard money loans and eve...