Hello all!I have a question about a seller financing deal I am structuring. There are 2 properties for sale which I purchased. Total purchase price of 325k (115k and 210k). 5 year balloon, 6% IR, 40K down. With the am...
We're trying to help our Son and Daughter-in-law land their first home. Seller financing hasn't worked, but seller came off price to $100k (was $125k). 930 sq ft 2br 1ba raised foundation on 1/2 acre - lake Livingsto...
Hi All,I have a simple, but silly question... I closed on 2 properties this past years. Let's say $350K, 50K down, seller financing at 6% IR with a 5 year balloon.Let's say I start to shop around and to transition fro...
Thanks to everyone who reads and responds to this post. I am a new investor. Currently, I own one triplex that I spent all my money buying and rehabbing. While the cash flow is great, I don't want to wait any longer...
Hello BP!I might be a bit ahead of myself but I thought I'd check here and see!I recently came across an older landlord who has several duplexes, SFR and 6-8 unit buildings. He was selling two duplexes next door to e...
Say I purchase 4 duplexes through one seller financed loan: 40% down (which is all the cash I can put down) 5% rate, 30 yr am. Although the finance terms aren’t the best, I’m getting the properties in good shape for o...
So here’s my situation: my fiancé and I are doing owner financing on a horse farm where I run a very successful sales and training business. It’s been great for the last 3 years, but the owner has since given us notic...
I've been visiting BP for 3 or so years now and have been very impressed with how the majority of my inquiries had already been addressed within other discussion boards or within the excellent blog posts. What a grea...
So one of the Investor around my marketplace is selling some properties off his portfolio and wanted to know the best to approach him? I am debating whether to get a loan from a bank with lower interest rate or owner ...
With little experience I am trying to understand how you make the decision between the type of institutional financing you go for on a buy and hold rental property. What I have seen discussed on BiggerPockets has only...