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I have fix and flip properties under contract right now that I am looking to assign to a cash investor. I have properties in Baltimore,MD, Springfield,IL, Ogallala,NE, Bluefield,VA, and Fort Valley,GA. Please note tha...
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Hello Everyone!I bought my first house a year ago and I have been house hacking by renting the two extra bedrooms on AIRBNB. I have gotten some advice that it would be a good time to get a HELOC on the property before...
Hi, I'm new to the MH world, but have worked on many stick builts. I am a little lost on MHs as to how to evaluate an improvement and the return that can be expected from it.
I just bought my 1st MH and am i...
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I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...
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Dear BP Family:While working on financing for a deal, that unfortunately, I was outbid, I am considering refinancing my home mortgage. Don't know if now is the right time or should wait because of Fed activity with r...
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Hi,
I just found my hopeful first home. It's a 1233 sq ft home, built in 1955. No central heat/ac. Roof put on about 3 years ago, new windows. Appearance wise...looks stable. It's a bank foreclosure. THe asking ...
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The house cost less than the loan amount I am approved. where do the money left over go? can I use the rest of that money to fix up the house? Will the bank take the left over money?
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Hey BP family,COCROI - do i have to factor in Repairs, capex and vacancy on the YTD projected Cashflow amount Or its the amount after true fixed expenses (mortgage, prop tax, Home Ins & HOA)? All other expense wil...
Hi,I'm new to investing in notes and found a note on FCIexchange and was trying to understand why the payment amount differs from what I calculated the monthly payment should be using the PMT equation. Based on the or...
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Seller Financing Offer
Purchase Terms
1. Purchase Price: $215,000
2. Down Payment: 20% of the purchase price, equal to $43,000
3. Financed Loan Amount: $172,000
4. Interest Rate: 6.5% per annum (fixed)
5....