Hi Everyone, I am trying to wrap my head around how cashflow works with commercial financing. From my understanding, commercial financing is typically on a 20 yr amortization schedule and rates readjust every five yea...
Hello, I am building an adu to rent out and am wondering if anyone has ever done a cash out refi or how they funded this?if I build with cash, I’d like to get most of my money back out.appreciate any insight!Mike
Alright everyone, first post on BP and getting ready to make my first purchase. I've got a strategy and I'm looking for all of you to back me up or tear it apart! ???? I want to hear your thoughts, based your experien...
Could someone explain the tax benefits a seller receives from providing seller financing compared to selling for cash and getting hit with capital gains tax.
I know there are similar threads but I wanted to ask this question for Toledo specifically. If you are not going to do a true BRRRR, does it makes sense to buy cash simply to get a lower purchase price? What I am thin...
I am in a multiple offer situation and offered cash with proof of funds for a beach STR property. I told the agent I may decide to finance (depending what accountant advises tomorrow) and what information I learn her...
Hi,I am close to Huntsville and I have done house hack twice on which I have mortgages so I am good there..but two of the houses I paid cash out and fixed it and have rented it. Since it is more than one year I own th...
im not sure on how owner financing works.in order to seller finance do you have to own the property outright? no mortgage can be left?so if i wanted to purchase a property and then seller finance it back the next week...
Hi there!I'm looking to purchase my first rental single family home but would like some advice. Is it smart to finance the purchase and then hope when it comes to refinancing down the road rates will be lower? My stru...
Hello BP Community,I'm currently in the process to purchasing a 2 family home for 37K. (probably will be appraised in the low 40s)I'm currently putting 25% down and looking to finance the rest on a 30 year loan. ( ro...