John Parshall
Looking to buy house and owner finance it out. Thoughts?
Wanting some advice from those here that are far more experienced than I am in this area. Here are the basic numbers. I could get the property for 105k. No repairs needed. Currently occupied with tenant paying 1050 a ...
Rahiem Bush
Trying to decide investor terms
So I'm going to speak with an investor this week I would like to offer them a 18 month contract with 10% interest only payments until I refi and pay back the loan for my investors are these terms you would agree to fo...
Anthony Sclafani
Shopping for the right HELOC.
What type of HELOC is best for the BRRRR method of investing? Should I be more concerned with a fixed, variable or interest only rate? What are the most important factors? Any advice would be greatly appreciated.
Mark Miller
Fix n Flip loan questions
So, honestly, I want to get into flipping. I am new. Very new. I know nothing about home repairs, and honestly, I plan to pay a contractor to do all that, simply because I value my time. I was looking at financing...
Mario Ta
Financing out of lease purchase
I'm looking to purchase a small rental that I'm currently renting at the end of my lease purchase agreement. I'm looking for a private lender cause I don't qualify for conventional mortgage. My thoughts were8% amortiz...
Mary Jay
Please help to figure out
Hey guys, I feel like I start to freak out and when I freak out I can’t think strait, so can u help me please to put this all in place? I am buying a fourplex for 250k and I need at least 25% down , which is what, abo...
Art P.
Mortgage Interest deduction tax treatment on mixed use assets
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
John Semioli
Using Equity in primary home to purchase STR investment?
My wife and I have a paid off home that will probably appraise in the range of $1.1M to $1.2M. Our Financial Freedom plan has us looking to purchase one STR investment home per year. (We purchase our first one last ...
Andrew Marzec
Using a HELOC to buy an investment property
Hi All,
My parents have been kind enough to offer me access to a HELOC on their primary residence. I have been buying student rentals and been doing well so far. They have seen my success and offered to help me grow ...
Zebuel Early
Using Home Equity For Investment - HELOC vs Cash Out Refi
I'm an investor living in The Bay Area looking to purchase my first out-of-state asset in Northwest Arkansas. Prices are just too high for me in my market. However, having just switched over from a Sole Proprieter to ...