Don Egle
Looking for down payment funds from Contract for Deed or Mortgage
Hi, I have a few properties that I am owner-financing through a Bond for Deed (Contract for Deed). I would like to borrow or get a line of credit against one of these properties. They have no loans, liens, etc. agains...
Janette Olano
Can Buyer for a Wrap Around Mortgage Report Payments to Bureaus?
I am thinking of selling one of my rental properties to the current tenant through wrap around mortgage. He has a really good income but bad credit score. If we do a wrap around mortgage, is there a way to report his ...
Scott H.
Pay down mortgage or put cash away for investing down payment?
I am trying to decide if I should pay double on my monthly mortgage amount on my residence to pay off my mortgage in 7-10 years OR put that additional money into a savings account to save up for a down payment on my f...
Jonathan Olivares
Would a primary mortgage allow me to borrow the down payment?
I'm interested in purchasing commercial real estate for investing purposes. But would the bank allow me to borrow the down payment on big apartment deals? (80+ units)
Carrie Smith
Mortgage plus Cash-Out for Down payment, or just pay cash?
Theoretical scenario: If I can get 180,000 out of my house for a cash-out refinance to purchase another property, should I pay cash in full for the 2nd property and have the cash-out refi on my primary residence? ORSh...
Christopher Leavitt
Mortgage down payment if property is much more than the loan.
Hi all,
Would I still need to provide a down payment on a mortgage if the loan is valued far below market value on the house in question? I have the opportunity to purchase a property for $160,000 through someone I ...
Eric Starks
Does a down payment partner need to be on the mortgage
I have done a lot of research and I have not seen an answer to this question. I see a lot of talk about partnerships but not about how the loan works. So my question is, if I have a partner that wants to provide the...
Account Closed
Mortgage Payments Up Over $800 From last year - Why It Matters
As investors we are usually looking for one of two things, sometimes both. 1. Cash flow or 2. Appreciation and if you can get both, that's a bonus. Keep in mind that Flips require appreciation to be profitable and are...
Stephen V.
Qualifying for a mortgage with large down-payment and low income.
Hi BP! I've been a long time lurker and have finally come out of my shell for some advice.I'm looking to buy my first primary residence for my fiancee and I to live in for the next 5-7 years (minimum). We're sort of i...
Noah Brant
How to Set Up a Mortgage With Investor Paying Down Payment
Hi All,I am looking at purchasing my third rental property in Michigan and have an investor who will put up the down payment. The purchase price is $350,000 and the investor will put in $70,000. He will take 20% of NO...