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I have a property I want to buy from a couple getting a divorce, but it has an existing mortgage with a balance of $150,000. Asking Price is $180,000 with $20,000 down payment. He's okay with seller financing, but is ...
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Hello all,
I am a young investor who just purchased my first duplex roughly 4 months ago. I live in one half and the other half covers my mortgage, plus. So good start there.
I'm looking to buy a triplex or a quad n...
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So I am picking out my first buy and hold investment property. I bought our primary home under my name (she is not on the lease). Talked to a lender, and he suggested we put a 2nd mortgage on the investment property ...
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I'm interested in financing a property (most likely residential, possibly commercial) for use as a short-term rental property. The property will be in Camden, TN, but it's a pretty small town..the nearest bigger city...
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Hello,
I'm thinking about pursuing a vacation home in a rural area. I'm looking at an improved lot with sewer and utilities available and would like to put a cabin/modular home on it. Something simple like this:
h...
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I started off my LLC and currently own 1 apartment. I paid full cash for it. I would like to purchase a second one and would like to use financing instead of cash.
Can I take a home equity loan using the equity in ...
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Hi Guys,I'm 27 years old and I finally saved up $50,000 to begin investing - I wanted to use this cash for multiple down payments on a few rental properties. I'm from Miami, FL but I'm interested in buying out of stat...
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We have some interested tenants that want a lease to own or buy on contract type scenario that we own 100% under a self directed IRA.Seems pretty straight forward --- we draw up financing terms for them, and then they...
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I'd love to hear others' experiences creating a (secondary) mortgage with the seller of a property to finance a portion of the down payment. I am pondering the situation where the seller finances 10%, I put in 10% and...
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I'm curious to know what's the quickest close that BP members have experienced for a standard financed deal (could be investment, primary home, vacation home, etc.)? Do other states have different standards? For examp...