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Below is the email I've been sending to Mortgage Brokers. To me this looks like a clear deal. Any thoughts? Ideas on how I can get this deal done in my condition?Hey Liz,I am Donnell Durden, and I'm interested in inve...
I wanted to get your thoughts on a real estate decision I’m considering. I bought a 3/2.00 home in Tampa, FL in April 2022 for $245k at a 4.75% interest rate, I still owe $210K on the loan, my RE agent thinks it could...
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For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...
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I have an investment property that I bought as my primary home awhile back in Bend, OR. I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely se...
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Hi there,
I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to ge...
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Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
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A seller finance note:
Property buying price: 315k;
Down:100k;
Financed amount:215k;
Term:15 yrs;
Terms remaining 14 yrs and 5 months; (174 payments)
Interest Rate:5.75%
Monthly payment: $1748
Note asking price 200k
...
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Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
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When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...
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First time posting, appreciate everyone’s time I will soon be selling my warehouse (and likely my company) for a substantial amount of money. I am fully convinced that real estate is where I want to put my money but a...