-You pay off the interest from the loan monthly and then have a balloon payment with the amount the load was given.
Example: I get a 100k 18 Month loan at a 15% interest rate (115k total 100k loan 15k intrest). So I ...
Hello all, when obtaining pre approval for a conventional mortgage does the lender state a specific time frame or place an expiration date on the approval amount? If so, how long is the approval usually good for?
I’m new to Wisconsin RE investing and curious if 20-30 year fixed rates for LLCs are possible. If so, would you be able to message me contact info for these lenders? I’ve read about signing under your name then transf...
I think we all know benefits of interest only financing as being lower payments higher cash flow. A seller has offered interest only financing for 5 years on a multifamily property. Here’s a concern I have. With unsur...
I'm trying to find lenders that specialize or are comfortable with tax lien investments. I currently have 15 rentals homes that I acquired via tax liens. My current lender pays more attention to the traditional lendin...
Realistically, how fast can a closing be? I know it usually needs to go through inspection, appraisal, and loan approval.What are the realistically fastest time frames for getting this done as fast as possible?
I am looking for turn key providers that can be trusted and stand behind their property.
I have seen many that purchase, rehab, and sell to investors, But they misrepresent the neighborhood, and the rent prices .
A...
Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...
I am a partner in an LLC with three other members. This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...