Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...
Ive decided I want to create financial freedom through real estate investing. And the BRRRR method (Multi-unit) is the way I want to go with flips on the side. Im about a month in on learning and self educating, I ha...
Just now signed the closing docs and the funding has to happen on Monday. I want it to close on Tuesday or Wednesday though. Is it possible for me to hold the funding on Monday instead do it on Tuesday? OR if we fund ...
I'm working on my first offer that asks for seller financing. Reading through the contract offer that my longtime buyer's agent has prepared, I was surprised to see closing date August 7 and first payment due Septembe...
Hello,I am trying to purchase a house with owner financing, but I am unsure of what terms to negotiate. I am considering offering the full asking price of the house, a small downpayment (less than 2K), 2% interest ra...
I'm a bit confused on how a short term loan for a fix and flip works as far as the payments go. For example if there was a 100k loan with 9% interest, what type of terms do companies typically offer. I'm wondering h...
Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
Hi everyone. I am trying to buy my first rental. The next step for me is to get pre-approved. I have an idea on the type of info they are going to ask me but I had a question about my student loans. I have about 30k i...
Let's say I'm purchasing a home at $198k that needs $60k in rehab. Resale value is $360k. The owner is willing to seller finance at 3% for 5 years, amortized over 30. Does the above scenario mean that I would be makin...
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...