Michael P.
Hard Money ONLY used WHY? Please Explain
I am currently running the numbers to try truly grasp, why hard money over conventional loan.Besides credit and things like that, why Hard Money?Most HM will lend up to 75% of Purchase price, or is it 75% of ARV? Bec...
Dustin Somers
Cash Flow and COCR benchmarks
When evaluating potential investment properties. What are your target number that make you say yes or no ? Min cash flow ? Must have a COC of ? I now we can’t just draw a line because each property is different bu...
Kenneth LaVoie
Using seller financing to sell my portfolio
Hi allI have a portfolio of 11 buildings, consisting of 48 units, all with a 2 mile radius in Central Maine. I sold a home once using seller financing and had a horrible experience (I just got the house back in forecl...
Anthony French
Buying my first apartment building
So I found an apartment building about 40min from my house I’m looking to purchase with an angel investor firm (6%) so I won’t have to put any money down to start, the property is listed at $575,000
12 units all lea...
Tyler Silverman
Option to pay for points or not with conventional financing
Hello everyone that reads this,I'm reaching out to anyone that may have already done the math/thought exercise. My question is if buying points for a lower interest rate on a traditional-financing loan has any $ advan...
Michael Chilton
100% Seller Financing at 75% Market Value
I heard an interesting strategy discussed on episode 1932 of Joe Fairless’s podcast with guest Joe McCabe. The guest uses 100% seller financing at a purchase price that’s 75% of market value. After 3 months he refinan...
Leewood Chan
Should I buy down interest rate?
I just got a deal for 3 beds 2 bath rental property for $247,500. The estimate rental is about $1,550-1,700.My interest rate is 6.375%. My lender want me to buy down 1% with $1,800 Which make my interest 5.375%.I aske...
Rich Weese
Education U.S. style, imo and Beck's.
I was originally going to post this in the Glenn Beck mall thread. Decided it would not really fit, since this was developed from a tangent that developed in previous thread.
TC and others- I've decided that well th...
Alex Deaton
Bird Dogging for Coffee
Hi all! I’m Alex. I have absolutely no experience in buying or selling houses in any capacity but i am your typical patient of analysis paralysis. I’ve read the books, listened to the podcasts, talked to the people bu...
Lisa L Day
Should I/How Do I Access Home Equity
Here's the skinny. We have an accepted offer on our first investment property! Duplex, $240,000.
How should we pay for it? We have so many options and my head wants to explode. :) We can pay the 25% down payment ...