Chris Nwoke
Working With A House That Has a Mortgage Payment
I was recently contacted by a person who needs to sell their home very soon due to moving. The house was built a few years ago, is still in really good condition, needs no major repairs, 3bed/2.5bath, and has an ARV ...
Jeff L.
Monthly mortgage payment questions - Hazard Insurance and County Taxes
My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...
Jade Reynolds
Explaing Mortgage payments to seller for subject to deal
I came across an off market property that owes 125k on loan, seller motivated, comps are $115k-$140k. It would not be a good wholesale deal seems like so I want to try a subject to deal for myself. I have never done t...
Nick Gray
Choosing a Low Down Payment Mortgage: ARM or Fixed?
Hi Everyone, I am in the process of purchasing my first deal, a duplex in Exeter, NH, for $265K. My plan is to house hack by owner-occupying one side with a roommate and (hopefully) living for free. I have just enough...
Matt M.
Need help figuring out a mortgage balloon payment amount
Hi guys, Hoping someone can help. I’ve tried to figure it out myself but can’t. I want to approach someone I know about buying a property from them. Here is my dilemma with numbers: My offer will be $60,000 w/seller ...
Parker C. Snow
Best site for calculating mortgage payment and property taxes?
Any advice on best sites for these numbers? Also any other helpful sites for analyzing deals would be helpful. Thanks in advance!
Jacob Budzynski
Owner financing option by giving a down payment for mortgage
Is it possible to give a down payment to a seller who still owes on a mortgage for a property, to then seller finance the rest? Ex. 10k left on the mortgage, 10k down payment, seller now owns free and clear, seller is...
Brian Adzadi
Conventional Mortgage Co. That do 15% or less Down Payment
Hello BP family. Hope everyone is having a lovely Saturday. Or Friday still, depending where you are in the world. I am looking to buy a second rental property here in Allentown, PA but the mortgage companies I am cal...
Mike Savegnago
using equity to buy properties, worth the higher mortgage payment
After reading Brandon Turners book "rental property investing", I'm intrigued by the strategy of buying properties with equity(through home equity loans or lines of credit) you already have on current properties. BUT ...
Antonio Cucciniello
Trump to Relieve Mortgages Payments till the End of April
I am watching the task force briefing today and saw Trump announce this. This is awesome as a landlord and as a tenant. But what will the end affect be on the economy?