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Hey BP,I am about to close on my first rental property just outside of Boston through seller financing for 18 months. My question: When we refinance through a traditional mortgage lender, can we do a cashout refi righ...
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Good Morning BP,If you have a property that is financed using seller's financing, and you decide you will like to make improvements to the home what option would you take? I will like to take out a mortgage payoff th...
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Hello all. I am interested about the pro's and cons of owner financing, rather than 20% investment traditional bank financing. I understand that owner financing can be more flexible as long as the seller is willing to...
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I just had some questions regarding owner financing or selling financing. What is the difference between to 2. Also how would you be able to do a wraparound on top of this. I have been reading on the top and can’t qui...
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I have an opportuity to pick up a 6 unit rental in Northern California that looks like it will run a 14% COC Return. My question is commercial financing would need to be used. How does commercial qualify you /proper...
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If someone might be able to qualify for the full amount of the purchase price from a lender, is there any reason why seller financing might be a better option? I understand that for the seller some benefits would be t...
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I really want to jump in and acquire my first property. I feel like I'm ready, but also I have a lot of fear of messing up terribly. Most of my fear is coming from the fact that I don't understand the finances enough,...
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Hello! I'm fairly new to the game, I have 2 other SFH, but I'm closing a deal on a 45K house (I know not much). I don't have enough equity in my other houses to finance this and I don't want to owner occupy the home. ...
I recently completed the renovation of 2 Condominiums. Both are now rented to what appear to be quality tenants. I completed this project using interim financing from a brokerage firm. Now trying to decide if I wan...
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Hi Team,There is a MultiFamily home that we are considering. We are considering 2 options = VA Financing and Seller Financing. The asking price is $750K. We know the last assessed value was $500K. The sellers are ...