I've been watching videos and reading books on multi family investing. But I just don't understand why when I see them analyzing their annual debt payment, they just multiply the interest percentage by the amount borr...
Hello,I hope everyone is well. I am a newbie investor, and I am trying to setup my spreadsheet to calculate my profit estimation on house flips. I will be using a hard money lender to partially finance the purchase of...
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...
Hello,I want to offer my neighbor to buy his house using seller financing. The needs a lot of work! I plan to offer 12 months financing with a balloon payment after 12 months when I obtain a conventional mortgage lo...
I could use your thoughts, fellow investors! Selling is a new thing to me and I have one of my rental properties under contract. It is a 2-unit property in Dundalk, MD.The buyer called me this morning to explain that ...
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...
Have you started a hard money lending business or lent private money? How did you structure your business to deal with filing with the SEC and complying with Dodd-Frank? Start up costs and things to consider?
Hello All,I have a generic question regarding seller financing and how to actually put the deal together. I have a property I am looking at and I believe the seller may be open to this, and I feel we would both benef...
We are considering offering seller financing on some of our rehabs, as the market cools. How could we structure a note that is attractive to sell quickly and for the least amount of discount and little seasoning? What...
In light of the recent 50bps rate cut, we're starting to see an uptick in requests for Freddie Mac SBL and Fannie Small Loan multifamily loan quotes. Given the recent pickup in activity, I thought this would be a good...