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What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
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Happy Wednesday all! I am new to BP and have recently taken a dive headfirst into learning all about REI and how I might be able to leverage some of the investing strategies to create passive income into retirement. F...
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Hi All,I am currently looking to buy my first investment property, and I believe the owner occupancy method of acquiring rentals to be one of the most feasible methods. The alternative for me would be to keep saving f...
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I’m having trouble understanding the Refinancing part of the BRRRR method. How does one make his money back? Maybe I’m just thinking too much into it but if someone can break it down Barney style that would be awesome...
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How much time are you given before being required to pay it back if you work with a money lender?
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Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...
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Purchasing with cash+rehab from a 'loan' from your LLC (filed with the county court), can you (re)financing using conventional mortgage, pay original loan and retain the overage? Ex: Purchase price $50,00 + Rehab $25,...
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Hello everyone! New here and very interested in real estate investing. Motivated and driven to create a side business for extra income. I have enjoyed reading things here at bigger pockets and excited to be apart of t...
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Hey guysI finished remodeling and im in a re finance process now, im already holding house 3 months for seasoning time.Im doing the BRRRR, the money i put down for this property is around 40K (for title and hard money...
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Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...