India Brown
Help with Brrrr method
Can someone explain the brrrr method or paint a clear picture on how it works?
Johnny Bravo
Private Money Loan Structure?
Hey everyone, I’m working to get my first deal going and will probably be going the private money route, at least for the down payment. This would be for a long-term hold focusing on cash flow as opposed to immediate ...
Claudia Schmidt
Which Payment Frequency Option is Best to Pay Down my Mortgage the Fastest?
I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.
If I choose to pay weekly, is this better? Would I end up mak...
Taylor C
What are the best days for rent due and automatic loan draft?
Wondering if you can share what combination of these works best for you:
a) what day do you make your tenant's rent payment due?
b) what day of the month do you set do have the mortgage payment drafted from your acco...
Jeffrey Gagnon
Help me understand is on this fees sheet
Can someone help me understand this va loan fees sheet? i understand most everything accept the reservse and taxes stuff. This is my first time buying a house so i'm having trouble figuring out how my mortgage will ac...
Rodney Dixon
Private Lender....calculations....How To
For education purposes, I want to know how is the "payment" calculated when it comes to having a private lender provide 100% purchase price of a deal for either (1) a 6 month term or (2) 1 year term if the repayment ...
Tom R.
Does cozy send the land lord a reminder every month?
I'm new to this world. I had my first tenant sign up for cozy last month. On the 26th last month I received an email that the rent was coming due and that payments have been set up. A couple of days later I received ...
Devan W.
Help running numbers on Seller Financed Buy & Hold
Hello BP! My aunt is wanting me to buy her SFR because she no longer wants to "deal with tenants". She doesn't want any interest from me and basically just wants me to take over her loan. She currently has the basemen...
Steve Q.
Covid-19 Crisis - Take Forbearance or Spend Reserves?
Looking likely that many lenders are going to offer Mortgage Forbearance such as reducing payments for a few months or suspending payments for a few months. Landlords may lose some rent or need to allow delayed rent p...
Mike Flora
Closing fee's
Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...