I want to work with a partner to pool money into a deal 3.5% down primary residence house hack deal, but they are not comfortable doing gift funds, and co-signing a conventional loan is an option we're considering, bu...
Hi there! I have an auto loan of 3% and a remaining balance of $10k. I have around $11k in my savings account and I was thinking of using that to pay off my loan soon.Other than my car and mortgage, I am completely de...
Hi everyone I'm looking to fund a deal using a DSCR lender. I've googled some and reached out to those but would like to send business to someone here on the forum if possible.
Thanks,
Christian
What's the difference between down payment and total cash needed in the rental property analyzer? In the simple example that is shown below, the total cash needed is less than the down payment. Why?
Hey BP Community,I was reading about how to analyze deals on BP, and stumbled across a term I've never heard before. Equity Accrual is a component of Total Return. But what exactly does Equity Accrual mean? Thanks,Ked...
Say somebody does a down payment and is financing a house. They find out that they are paying to much.I dont understand this fully yet. is the house there's? how can they sell the house if they aren't done paying for ...
How do you find out exactly how much equity is in a home to decide how much to purchase, the seller might tell you a number but how do you get the exact number owed on his loan that is remaining ?
So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
Hello,
I’m a military member brand new to real estate. My question is regarding financing a deal. I’m considering utilizing an FHA 203k loan to purchase a single-family home for a house hack. Any suggestions or perso...
I have a Rental i decided to sell , The comps in the area are 175 to 180k . My loan balance is only 100k , the payment is 745 per month , the buyer wants to take over payments and give me 80k cash, but the Loan will s...