Steven Lin
Private Financing Or Commercial Bank Financing?
Hey BP,I want to start a discussion to see which is beneficial for investor, a private financing or bank financing. Please factor in the pros and cons for each.Private loan: (15 yrs Fix Term) ...
Nicholas Wever
Seller Financing to Traditional Financing Question
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...
Rene Hughes
Seller Finance Denied - immediate financing possible?
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...
Account Closed
Seller financing a seller financed property
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...
Nicholas Wever
Seller Financing to Traditional Financing Question
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...
Matt Gilroy
Creative financing or impossible to do financing?
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...
Alipate Moleni
Seller Financing to Conventional Financing and more
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...
Ryan Wicker
Switching from owner financed to business financed
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...
Farhan Khan
Owner Financing vs Bank Financing? Any thoughts?
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 ...
Daniel Ditto
Institutional financing- What determines the financing model?
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...