Hi, I am new to RE investing and doing my due diligence and learning loads. What do you think of interest only loans? Which do you prefer, interest only or repayment?
We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...
Hey everyone, I'm working on a promissory note for a private lender and the deal is that he will lend us the funds needed to purchase and do a light rehab on a property that we have under contract at a good discount t...
I have a 30Y fixed mortgage and want to start attacking it for my primary residence. When I pay off over the monthly payment, will this reduce my interest expense paid over the life of the loan?
I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...
Good Morning!
So as a newbie I am curious. If I was to make the down payment on an investment property via HELOC, how do you typically go about paying it back? I know they are interest only for 10 years, but that obv...
To all you private lenders,
I am looking to put together a Real Estate Investment company and I've been dabbling with some different re-payment strategies for private lenders:
I am a new real estate investor that ...
Hi Everyone! My business partner and I are considering the idea of gathering money from investors (friends) to purchase a 12-24 unit apartment complex. We aren't entirely sure how to go about structuring a contract ...
Im fairly new to all this so I could be totally missing the point but I find when I people work out the deal analysis no where does it show the repayment of their downpayment . Yes it could be cash of their own b...
My wife and I are applying for a 100K HELOC (Home Equity Line of Credit) as a potential funding source for down payments/Rehab costs. We have not purchased any buy, rehab, and hold properties yet, but that is our goa...