Kevin Bennett
I am looking for a partner
Hey everyone. I have found a property that I really like and with some quick updates (that I'm able to do) would be able to be a great investment. Unfortunately, I don't have enough cash for a down payment. How does o...
Molly Haggerty
Fixed rate or ARMs for buy-and-hold property?
Hi all,New to BP and REI but looking to purchase my first investment property soon. I inquired with a mortgage lender and was provided several options for financing: 1. Fixed rate mortgage for 30 years2. 3 different A...
Joanna Golden
Getting a loan for under 40K and a decent rate in Ohio!
Anyone else having a hard time finding back that will even loan for under 40K SFH? I have excellent credit a great job and money in the bank - I'm looking for a 5%-ish interest rate but banks seem to not want to lend ...
Peter Miller
Commercial vs Conventional Loan
What's everyones experience with commercial loans? I have all 6 of my duplexs in Fannie/Freddy loans. I've always liked the security net of locked rates yet I am now seeing the flexibility/affordability of commercia...
Phil C.
How to Sell?
When selling do most people use a realtor to sell it faster or do they seel themselves to improve return? Also, if selling yourself would you offer a buyers agent commission to entice agents to bring buyers? What is...
Ryan King
Use buyer's agent for Seller/Owner Financing?
I'm looking into Owner Financing deals and wondering if it's a good idea to bring the realtor I typically work with into the discussion or not. My thought in NOT doing so is that it would give the selling agent freedo...
Wesley Pittman
What Terms/Rate Did You Get on Your Recent QM Investment Loan?
Howdy BP,
I have a duplex in a 1st Lien HELOC that I'm looking to refinance into a regular 30-year mortgage. The HELOC product is a really powerful tool and I'm super psyched on it in the right scenarios, but for my ...
Ehab Tadrous
Investing solo 401k into notes
Trying to recoup some of the losses for my 401k during 2022 by investing that using my self directed solo 401k into notes.Which I have received a very enticing offer for short term return on small amounts to start and...
Paul Williams
Analysis on a Purchase with creative financing
This deal has a lot of moving parts but I'll do my best to cover them all. ARV - $345,000Repair costs - $45,000Purchase Price - $295,000 (Cash and Owner Financing w/ 0 interest)HOA - $50Location - ASchools - A+ (priva...
Kenneth LaVoie
promissory note for maine?
Hi
I am about to make my first offer without a broker - it's a two unit, needs new roof, but has brand new furnace -- my back of the envelope calculation is based on both the 50% rule as well as making sure I have $10...