Glenn Jones
How to Setup Terms of Seller Financing
Hi - I am looking to close my first deal on a marina in the the North East. With interest rates on the rise my deals are making less sense when factoring the cost of debt repayment using SBA loans. I am hoping to ge...
Frank Ventresca
Dscr refi? 40 yr 10yr IO
Hello
Hope you are well
Is it worth it to refi? I’m claustrophobic about the IO and wondering if I need to make a switch. Other dscr refis put me at a higher monthly.
Appraised Value $700,000.00
Sales Price $680...
David King
Deal Analysis-Determining Mortgage Payment
Hey everyone! I’m practicing deal analysis and I’m having trouble estimating what the monthly PI payment would be. I began by trying to do the math on my primary residence, but my calculated PI is ~$170 higher than my...
Aaron Vargas
Commercial Loan Six-plex
I’m looking at partnering with a few people to purchase a smaller Multifamily property (6-10 units) in Tampa with an LLC. I believe this would require a commercial loan. What is the range of typical loan terms for thi...
Ross B Adams
Setting up seller finance with balloon payment
Hi there! Instead of listing a property I'm flipping, I want to sell with creative financing to my contractor. He doesn't qualify for a loan right now but thinks he will in 12-18 months. There is no mortgage on the pr...
Blake Morris
Hard Money Lenders - Whats the repayment like? and how to refinance to pay them off?
All,
When getting a loan from a hard money lender I have some questions. First, let me apologize if this can be found on a past forum discussion.
When you get a loan from a hard money lender what is th...
Mike Wallace
Those of you who have bought 20+ unit multis, what were the terms?
down payment, loan terms, big bank or owner financing?Just trying to see some real world examples of larger multi deals.
Matt Holmer
More Likely: Due on sale transfer to LLC or Landlord being sued?
I recently purchased my second property using the BRRR method and am currently looking at doing a cash out refinance. In a perfect world, investors would be able to find portfolio lenders that offer long term, low fi...
Anthony Gayden
20 Unit in Olathe, Kansas (Kansas City Area) Analysis
Here is yet another multi-family deal analysis that I am doing. This one is a 20 unit apartment complex in Olathe, Kansas, which is in the Kansas City suburbs. The location is near downtown Olathe, which is older and ...
Chris Vasquez
Private Money Loan Terms example needed
Hello BPers,
I would like the help of any of you who have either loaned private money or have borrowed private money.
My questions for the sake of this topic are very specific.
1)What terms were you giving/given o...