Hello, I currently have three SFH, the last one I paid fully with a loan on my home. I am searching for my 4th sfh or multifamily. Initially I wanted to get a mortgage on this next property, but after doing research, ...
I’m looking to borrow capital from a friend to help with purchasing my next rental property. I’d like to know what a fair interest rate (range) would be to offer him as well as the terms for this type of loan. Thanks!
Hello BiggerPockets! Long-time reader, first time poster. I accepted Brandon’s 90-day challenge and closed on my first owner-occupied 4-unit property earlier this month and I’m moving in this weekend. We decided to ho...
Hi All,As I have been expanding my portfolio in different markets, I am have been evaluating different financing options (especially as I cycle through all my and my wife's personal mortgage slots as well as buying al...
Greetings BP!I posted a previous question regarding using equity in a SFH rental I have in San Diego. Its worth 500k and I owe 220k. It is in a 15 year loan with 9 years left. previous question was let it ride or u...
Hello everybody, first time posting here. I don't have anyone to personally discuss this with so I was hoping I could get some guidance through the forum. I currently own one investment property (renting for $1.6k) th...
I've been scanning and reading a lot of posts for the last few months and when people do their breakdowns of their buy and hold investments, I commonly see their insurance as extremely low. Often times, I see somethin...
hello! i am a 25 yr old carpenter, when my father died i assumed his mortgage. i have since renovated the entire house with plans to sell it. the mortgage is about 250,000. i borrowed 20,000 from a friend to cover mat...
My question is a home being fully paid off. It was originally a custom built home. Recently mortgage was paid in full and I hold full equity. never have I got a appraisal done. This is my first step to get a home appr...
I'm talking to an experienced investor in the Fort Wayne Indiana market who's starting to sell off his properties, all of which are paid off in full. He's willing to do seller financing, and my question is how do I...