Rich Hupper
Balloon mortgage
Could someone explain to me what a balloon mortgage is, and if anyone in today's world creates them.
Garret Coffman
Did I Analyze Correctly?
The deal https://www.loopnet.com/Listing/4300-Rosslyn-Rd-Houston-TX/16820570/Down payment is 25% of purchase price so I got 948,750 with remaining principal of 2,846,000.Income 7 of the units rented for 8050 and 20 un...
Chris T.
Early payment of rent
Good afternoon everyone,I would like to receive my rents before the end of the month, and require my tenants to deposit those payments directly to a bank account. What is the best way to do this? I have thought of s...
Brandon Sturgill
How do I Explain Seller Financing?...
So, I have a home owner that has 100% equity in a non-occupied home. He is not motivated to sell, but it seems he could be persuaded to go with seller financing...so, do I explain:I will take possession of the propert...
Cody Thompson
Opinions on a Very Creative Financing Idea
So I'm working on my first real Estate deal. The seller is someone I've known for a long time and we are going to work out a seller financing option next Saturday.I don't know if anyone has ever done a deal like this ...
Josh Jacobsen
Sparkrent is closing?
I just got an email that sparkrent is closing its website to offer a "better experience" thru quick books. What are you currently using for online rent collection? And what do you like about it?
Jeremy G.
Good deal or am I missing something?
looking into getting a dscr loan 80% ltv.$120k down paymentDebt service PITI will be $4600/mo Gross rents $11000/moratio of 2.39My credit is 750 Unless im missing something, i should be able to get a DSCR mortgage on...
Olly Cossio
sold land, did owner carry and interested in selling trust deed
hey everyone,
i closed escrow last month on a land sale. buyer paid me half of the sale price (we'll call this the down payment), through escrow and he has 18 months to pay me the balance
the down payment already co...
Dan Patrick
Help! Time sensitive contractual legal mess
Last year I purchased my first piece of commercial real estate. I was very excited to start getting some monthly passive income, however long story short, the whole deal was a sham and I was left with a building gener...
NIcholas Hamel
Does Velocity Banking work????
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick