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I would LOVE to hear about how you've all come about obtaining the financing needed to reach, or attempt to reach your real estate goals. My husband and I currently own 3 properties, all of which were purchased within...
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Hello all,
I am currently in the RE market to purchase my first property.
I am interested in a duplex/triplex to live-in rehab while renting out units.
My main obstacle I have crossed would be as a college studen...
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My wife & I are just about to close on our second property and found out from the bank (Chase) 4 days before the closing date that their calculations for our DTI ratio are not within their comfort zone. We both wo...
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So a RE agent called me to offer me private financing. He works with a group of investors. But their terms are a 5.5% fee of the sell price, 10% down, and 10% interest. It is expensive, but with this financing, I plan...
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Hello everyone, this is my first time posting here and I am hoping for some contact information. Here is the scenario I have:Right now I have one rental property the house is a SFR and it is owned free and clear. Appr...
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Hey BP,So I have been watching this house in my neighborhood like a hawk. It has been listed for almost a year and hasn't sold. Its listed for 250k and probably worth that if it weren't on a busy street. It is in a...
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Hi,Does seller financing have any credit requirement? I understand seller will have terms that require specific down payment, rate and term length. Do they also assess credit and debt to income ratio like a convention...
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Hello BP users, hope you all are having a good Labor Day weekend. I have a question concerning low money down creative financing. I'm not incredibly new to BP, but I still haven't pulled the trigger to invest yet, be...
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When introducing/ wanting a seller to do 100% owner financing, how should I lay it out, what's an easy way to explain an owner financing deal to a seller?
I've recently been something like this.
Ill give you X amoun...
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Should approach smaller bank for refinance for houses value around 50000? Speaking about houses in atlanta and detroit