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Results (10000)
Michael Chang Is using home equity (from a starter home) to invest risky?
26 September 2020 | 1 reply

Hi BP community, I am a newbie in BP. A bit of background context: I have the downpayment saved for my starter home, and I would like to understand how you can go from the first property to buying second property. Is ...

Nick Brubaker Is CGL insurance plus regular casualty insurance enough?
11 March 2016 | 5 replies

Hello all,I am currently under contract to purchase my first investment property (a flip).  I'm looking into what insurance I will be needing.  I was told that if I get regular casualty insurance (damage to the proper...

Brandon Sturgill Lender Won't Originate Loan with Seller Carry Involved?
15 June 2016 | 8 replies

So, my lender just indicated she could not issue a sellable mortgage with a seller carry-back involved...and further indicated that portfolio lending applies the same guidelines?...is this an institutional standard or...

Steve Skinner non licensed contractor
8 January 2015 | 4 replies

I'm looking to rehab a house and have a friend who can do the work much cheaper than a contractor. How can I use him without risking my property(from injury etc.- creating possible lawsuits or claims)

Jason McKinley Loan pay down VS Cash flow?
14 April 2016 | 8 replies

Hey BP!I am discussing the merits of loan pay down and cash flow with my business partner aka wife. She raised the question of which is better for our long term buy and hold strategy. I have to admit I am stumped so I...

Nathan H. Wrap around mortgage advice
15 April 2022 | 5 replies

Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...

Leah Pasco FHA Assumable + 2nd mortgage or other options to sell
8 December 2023 | 5 replies

Hi BP community!We have a property that has a great FHA loan interest rate, loan of 270k left. This is currently a buy and hold. We were thinking of selling because we've almost maxed out upgrades to the house (new HV...

Jaago Viitkin I am thinking of offering seller financing New Jersey
21 April 2020 | 15 replies

Hey, I own 3/1 single family in South Jersey (C area) ARV about 100kI am thinking of offering seller financing.Anybody doing it in New Jersey? I don't like 2 year foreclosure time frames in NJ.How do you make it safer...

Jason Bilbrey Using Bank & Seller Financing for minimizing money down?
27 February 2019 | 6 replies

I'm looking at a property around $900k and wondering how I could possibly get a commercial loan to fund 75% of it and use either seller financing for 20% and cash for the remaining 5%. Do commercial lenders care where...

Josh Prentice Seller Financing a deal but they want to 1031 Exchange with another property
14 July 2023 | 8 replies

Hi All, I am interested in a property that I do not have enough money for a down payment for but it cash flows nicely. The seller wants to 1031 exchange this property with a different one but I was wondering if seller...