Abraham Anderson
20 vs 25 year amortization
I'm in the process of purchasing a 20 unit complex. The bank has given me 2 choices. Option 1 is a 20 year amortization 4.8% vs a 25 year amort @ 4.99% (both with a term of 7 years). The payment would be $7,624.87/mon...
Paul Sassin
Financing a 12 Door Unit?
I have an opportunity to buy a 12 unit property in michigan. This would be my first property larger than a duplex. It’s $670,000. What are my financing options? Adjustable mortgages make me nervous...Thanks! Paul
Nicholas Lohr
Any differences with a BRRRR deal when it's a commercial Multi?
hey there. I have a 4-plex under contract in Sacramento and my plan is to do another BRRRR deal on this one however the value add will actually be adding more units. There's wasted space in the back of the building a...
Tyler Brady
Seller Finance - Wrap
Have a question that may be complicated... so I bought a property sub-to (current mortgage is 458k) I am going to sell the home on seller financing to a retail buyer for 699k. They will put 120k down amortized over 30...
Ryan Kucey
Mortgage plus financing or my own capital?
Hey guys, hoping to get some opinions on what option is best for me in my first duplex purchase. It'll be a house hack that I plan to live in just long enough to still be able to have the 5% down. I already have the p...
Lee Ancona
HELCO scenario
Hello guys/gals,I have been browsing through bigger pockets for some time now and finally ready to post some questions and comments. First off let me explain who I am and where I come from. I am currently active duty ...
Mitch Davidson
Tax write-offs and their impact on DTI
Hi friend,
As you may or may not have heard, today's real estate expenses and write-offs may have a severe negative impact on your ability to qualify for Conventional financing tomorrow. And compared to other financi...
Kevin Yoo
Formula to use in Excel Spreadsheet
I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?
Dustin Faeth
Seller/Owner Finance Structure
Has anyone successfully acquired a property from a seller using seller financing? If so, how was the deal structured...amortization period, balloon payment term, any down payment (or none needed?), how taxes and insu...
Jun Wang
Self Storage Valuation
hi,
just got my first direct mail response back from the owner of the facility. hoping everybody can share their opinion on this deal.
10000 sq ft
90 units ( mixture of 10x5, 10x10, 10x15,)
currently 95% full ...