Dulce Beltran
Seller Carryback - How to Structure
Hi BP, I'm looking into a property and want to ask the Seller to do a carry back. The seller is the heir as the original owner passed away. The property has been vacant for years now and am curious how to structure a ...
Ray Bontrager
Hard money details
Hi, I am looking to close my second deal but need looking to use private or hard money. I don't have any good private money connections yet so have been checking into hard money. I talked with several lenders and tryi...
Ray Browning
Need Help Please.
I have a property that i want to only Rent or sell with owner financing. There is one issue. Because the price of the property has gone down, if i do owner financing it, it creates a Negative amortization.
The prope...
Chris Clothier
Why would an investor choose this financing?
I'm looking for feedback from other active investors who want to use leverage to buy real estate, but do not qualify for conventional financing. Recently, I have been bombarded with opportunities to buy properties wi...
Brent Huling
Financing Options for an STR - Hard Money?
I am looking at a $1.5M property in OR to purchase as a 2nd/Vacation home. It is in a very hot market, and they will most likely get cash offers. My first preference would be to purchase with a 10% down vacation hom...
Evan Crawford
Home Depot Project Loans
Looking for some alternative ways to pay for materials and came across Home Depot's project loans. It looks like interest only payments for first 6 months then monthly payments at about 8%. Just seeing if anyone ...
Robert Ruiz
Cash potential investor/buyer
Hey all
I have 2 houses that we flipped and are currently selling here in Louisiana. I have a woman who is very interested in both of them and is trying to pick one of the 2. She has all cash.
The houses are 163k and...
John Werthman
Best loans for starting out in investing.
I am getting started in real estate and have researched a lot about what to look for in a deal, etc. However I still want more clarification on the loan process.My thought is:Obtain a interest only loan for 2-3 years....
Chris Connery
What Heloc payment should I choose?
So I am maxing out a HELOC on my primary residence to purchase my second investment property, an 8 unit. Here's my question: Should I take the interest only payments at %5? Or roughly double my monthly payment by maki...
Caleb Drake
BRRRR SFR (originally a planned flip) in Indiana
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $21,675
Cash invested: $52,000
PP- $21,675
DP- $2,500
CC- $1,700 (10% Interest Only ... 6-months interest paid up f...