I am looking for ideas on getting some private money. I have 12 unit rent controlled property in Los Angeles (Glassell Park 90065)
value $3.6M at
Total rents - $21,400 - $256,800 annually = not 1 late through covid
...
I am interested in a buying a second property but do not have the proper funds. Should I pull the money out of my first property?
Hello BP!I am a new ish investor looking for some advise on a multi family deal (4 units) with initial asking seller financing terms of Price: $824,99910% Down Payment = $82,49910 Years Interest Only at 5%Monthly Paym...
Does anyone know of a bank/broker that offers interest only loans for investment properties?
Would doing an interest only mortgage be the cheapest for lowest monthly payments, i want to get the most cash flow as possible, is the interest rate on that higher or maybe doing like a 5 percent 5/1 arm be better o...
I have gotten an off-market Commercial Deal to me for $550K. The property consists of 3 front units touching the highway with good traffic. One residential unit is attached in the back, around 700 sqft. The total size...
Are there any tools I can use to figure out what my payments would be based on different private lending scenarios? Essentially is I borrowed 80k from a private lender I want to know how to figure out what my payment ...
My husband and I are looking at pulling money out of our home with a HELOC to fund the down payment on a STR. I am very confused and could use some help understanding fully. **I am going to use simple numbers but ones...
I am setting up a HELOC on my personal residence to use for RE Investing. I currently have one multi family property that I bought to buy and hold and want to continue that strategy. The line will be for $100k and s...
If I private lend at a 12% interest rate and 4pts up front, what do the 4pts equate to?Acquisition and refurb would be around $380-$400k total.Note: this is hypothetical.