Question: I am renting out a home after being relocated. The rental has two mortgages: a 15 year fixed at 4.7% and a home equity line of credit at 1/2% below prime.
$275 k on 1st, $250 on line of credit.
Am I bette...
Ok, I'm in a pickle. I have numerous potential deals, I have set up a pretty solid team, I have good credit, but I have not been able to set up any private lenders and I keep finding bad reviews online about a lot of ...
Question: would it make sense to find the money, first, for a deal? That way if you do indeed find a deal you'll always know who to turn to for financing. Or will anyone with a lot of $ would be fine?
I'm trying to turn my main residence into a rental and aquire another property, live in it a year and then turn around and repeat the process. I'm wondering if anyone has some "creative financing" ideas and/or someon...
Hello fellow investors,
Any suggestions on creative financing. I was offered a 3 family (2,100 a month in rent being conservative) that is valued at around 115/120k. The owner wants to move back to his countr...
Question for the BP forum? What do you do when you are tapped out of liquid cast to jump on a deal? This is for general knowledge and also evaluating my situation question. Say you have a seller that wants out complet...
I tried this in a different forum, but, it looks kinda slow there and I haven't received a reply, Thought I'd try it here where there seems to be quite a bit more traffic.
A friend and I are looking at a 2 family. We...
A partner and I have formed an LLC to begin purchasing rental properties as investments. We went back and forth as to whether or not to do this under an LLC, but ultimately we believe it to be the best option for us ...
How do you find homeowners who own the home outright without having an existing mortgage? I am hoping to get a list so I can target them for seller financing. I do not want to deal with the "due on sale" clause.
Can anyone explain how loan assumption plus seller financing work? Im in the eary stages of learning about commercial real estate. Any advice, website, books that you have read would also be helpful. Also if you have ...