We are looking into getting a private Investors Loan of 120,000$ with these Terms. We are calculating our repayments to be around 2700$ Would this be correct? Also we are not quite sure what point 3b means for us.... ...
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...
I have a property with decent equity. I'm wondering if I should use a HELOC or do a cash out refi to access the equity and buy another place. What are the pros and cons and what have you done yourself? Thanks!
Hello BP, I am new to biggerpockets and have been researching RE for about 6 months. With all of the great info here on BP, YouTube and reading RE investing books I have soaked in a lot of info. I am looking to buy m...
Investment Info:
Single-family residence buy & hold investment in Pottstown.
Purchase price: $121,000
Cash invested: $2,000
Our first property was bought under our LLC with our HELOC. Tennants ...
Hi, I am the wife of a loan officer. I am trying to understand an EPO: how do you avoid this penantly/payback? How do you prepare for this (savings?)? Is there any way to refuse having to repay (the loan officer?)? T...
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
I'm trying to sell a property with options. The property price is $60,000. I want to collect $10,000 as downpayment for the option and $900 dollars in monthly rent. I will apply $400 out of the rent towards the downpa...
I'm looking to propose a deal to a Private Money Lender. I haven't introduced myself to them yet, and I'm wanting to make the best impression so that I have the rapport built to get his help completing the purchase of...
We have a warehouse that needs a few repairs. We own the building and property in full, and is appraised for $350,000. The property has been rented continually for 10 years, current rent is $1000 per month with $400 N...