Investment Info:
Single-family residence private money loan investment.
Purchase price: $197,000
Sale price: $307,500
I provided a private short-term interest-only loan for a local Fix & Flipper....
Not sure if this is the right place to ask...
I'm trying to structure a business proposal for a private lender and I'm having trouble running the numbers.
This is from an article I read on another investment forum...
I am looking to purchase a few rentals properties on deals that came in through my direct seller marketing. I intend to buy them 10-30% below market value through my LLC. CoC return on these condos are from 12-15% wit...
I found a fourplex that I want to owner occupy. However I’m currently owner occupying one and have to for the next 11 months. Is there a way I can get a holdover loan so I can move in and refinance in a year? I don’t ...
I found a fourplex I want to owner occupy but I’m currently owner occupying one. I have to wait about 11 months before I can move. Is there any way I can get an interest only loan or something to hold the other proper...
Hello All! Newbie here! I’m looking to tap into my primary home’s equity to purchase a buy and hold. I’m trying to figure out the best strategy to go with? Should I do an interest only HELOC? And why?Thanks I’m advanc...
The BB rental investment calculator seems set up for either interest only with no balloon or I&P with fixed term. I have a seller finance deal on the table where the seller is willing to carry an interest only not...
HelloI am looking at getting a few properties through a turnkey provider and the lender has quoted me (new invester) 9% for a year interest only position and 1% for the origination fee. Does that sound reasonable?
Hi all,
Quick question for fellow investors. I am about to secure private lending for a downpayment on a Single Family home that will generate positive cash flow.
The loan will be $35K @ 5% for 5 years....