Here's the story:About 30 seconds before the bubble burst my wife bought a condo in Kansas City. It is now, and has been for some time, underwater. We live in Chicago now and she rents the condo out. It's in a very ni...

Hi allHow do I report an interest-only on installment sale? I sold a rental condo this year for $200K. Buyer put down 30% down and I carried back a note of $140K with monthly interest only. My question is Do I have to...

Hey Cats,New to MF, not new to RE. Still seems like I’m missing something about how the big(er) boys play this game. You know the usual suspects for RE content on YouTube. Why is it when they break down their financin...

I found a seller willing to sell to me on owner-finance terms, and he only wants to talk about interest-only payments. My initial strategy was to find a tenant-buyer for a lease-option, as this property doesn't need e...

Hello! I'm looking for any recommendations for a good primary home HELOC - interest only for 10 yrs withdrawal period. I  am trying to pull out ~$250K-$300K, which should be feasible, as I believe my home is valued...

Forgive my naivety, I am in Texas and have agreed on an interest only contract with a balloon payment at end of 6 years. This will be my first one and I have a few questions i need help with.1. Do i still transfer dee...

HI EVERYONE! I JUST WANT TO ASK IF ANYONE HERE HAVE TRIED INTEREST ONLY LOAN WHEN PURCHASING THEIR PROPERTY? IS IT POSSIBLE TO HAVE THIS LOAN FOR MAYBE A YEAR THEN REFINANCE THE PROPERTY FOR A CONVENTIONAL LOAN? THANK...

Hi all, new BP member here.
I’m considering a new strategy and wanted to bounce it off of you all... Please poke holes and give feedback.
I currently have 6 rentals, all are 30 yr loans, 3%-4% interest rates.
My le...

This is a  first one for me,  guest inquiring wants to stay for 21 days , states for Vacation( for Two people: Him & spouse ).  However states His company will be paying for vacation and as such  can ONLY pay by s...

I am currently developing an cash flow model and would like to consider the impact from cost of conventional finance. What is the impact on cash flow, down-payment required and NOI, between these two financing options?