I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
Investment Info:
Other buy & hold investment.
Purchase price: $120,000
Cash invested: $13,000
Purchased self storage facility #4 in Missouri. Cold call direct to owner. Nearby our other 3 facilit...
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
So I've talked to the owner and I initially low balled her with a cash offer (in addition to paying the back taxes). She declined but had previously said she was willing to finance the property and her price range wa...
Your opinions would be appreciated! I think I'm gonna do it I just want some feedback!SFH 4/1, 3 car garage fenced in yard, across the street from local college on busy road, I have 5 other rentals within 2 blocks. It...
Hey BP family,
As I approach the end of the W-2 Income that we can leverage, I'd like the know the various ways we can continue to grow as we find deals.
Ive spoken to some commercial lenders, or people who d...
Hi Everyone,I have a question when it comes to private money lending and repayment in particular. If I want to borrower private money from someone how do I pay that back on a long term buy and hold scenario? I am su...
I need help in analyzing the following Note. 2nd Lien ( Not sure whether performing or not performing)Modification Loan Amount: $22,525.74Modification Date (1st payment): September 2015Length of Loan: 7 yearsInterest ...
Hello my name is Marcus. I'm a licensed state of texas realtor and investor. I have a seller who is about to go into foreclosure within 2 half weeks. Principal balance $107,000, amount due to get loan current $22,000....
I am in the process of purchasing a motel, and i have a lot stacked against me in terms of coming up with 20-25% (I only have 15% liquid as of today) , rising interest rates, and cash reserves that may be needed in a ...