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For those of you who don't mind sharing, I am curious how you go about finding and applying creative finance deals. For example, when you are marketing, do you do so with a particular strategy in mind or do you just h...
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BP!Is there any way around the usual 20 or 25% down payment for multi families?
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I am thinking about submitting an offer on a home in my area, and want to have the “seller financing” card in my back pocket. I’m trying to run some numbers on the deal if I were to offer zero down and zero interest, ...
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Considering hard money loans for flipping venture(s). Through my research noticed companies such as, Lending Club and Prosper.com which are peer to peer lending sites. Seems pretty straightforward as far as a typical ...
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BACKGROUND:
I currently own 3 rental properties of which 1 is larger apartment building
Approx $500k net worth
Each property is approx 80 loan to value
Excellent credit score (750)
Very little cash available
Am very c...
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I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
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I had an opportunity come my way with a couple fellow real estate investors are refinancing a short term rental property and the appraisal came in a bit low and they are looking for gap funding and are offering 15% in...
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Hello All,
I'm new to REI and I am busy negotiating my first deal at the moment. I'm starting small, so it's a single apartment unit, which I plan to rent out and hold indefinitely.
Whilst preparing my ...
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Long story short, I made an error in respects to an IR. Thought payments were prepaid for 3 months. Right before the virus madness, the lender I was in the process of refinancing with denied the loan because there wer...
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So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...