I hear a lot of people on BP talk about that the best they can get for financing is typically 80% LTV. A local bank I work with will loan out 85% LTV on 4 units or less and 80% on 5 units or more...here is the kic...
I am trying to get interest only loan to scale my portfolio and increase my cash flow. I would refi later . Looking for some inputs. Thanks
I'm working on buying a 10 unit apartment building using seller financing. Does anyone have any spreadsheet formulas for seller financing? We haven't agreed on terms yet, but I'm thinking it will be 3 years with ballo...
can someone please explain exactly what this word means ?
Hi-
New to the site but been lurking around for a couple of years. Looking to finally make a move! I was seeing if there was an amortization schedule that recalculates prepayments and shows the delta between if it wa...
Some one told me, if I was going to be a buy and hold person. like the triplexs I have been looking at. If I paid a extra 50.00 a month it would nock years off my loan. I tried several times to figure out the math...
View report
*This link comes directly from our calculators, based on information input by the member who posted.Okay I got stuck at the loan part. ARV: 290k, if property was purchased at $215, $30 re...
This group is always full of great advice. Can you help again?
We are selling and will be offering owner financing. The terms will include monthly payments on a 15 year amortization. What happens if the new owners w...
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...