Steven Schreifels
Pay down home Mortgage early ?
I am a newer Real Estate Investor with goal of purchasing first rental property by Sept of this year (my next B-Day). I've just refinanced my primary residence from 4.7% to 2.8%. As before I plan on making bigger paym...
Account Closed
Preforeclosure contracted Sub2-Is this a deal?
Hello BP. Well after a dedicated year I have a deal! Please help, any insight to the validity of deal would be much appreciated.Subject to existing financing. Cure of back payments: $30,523.54Closing Cost : 600 (or l...
Eric Koelling
Oregon Legislature passes nation’s first statewide rent control
https://www.oregonlive.com/politics/2019/02/oregon...Thoughts?
Wes Delabar
Refi Cash out into Fixed Interest only loan
So I own two duplex's one I live in and the other Is a full time vacation rental. The vacation rental was my first one i lived in I put 20% down with a purchase price of 1,005,000 2.5 years ago. I had no credit due t...
Sheri Fluellen
Mindset of Investing
You're an investor (or you wouldn't be browsing BP forum posts). You either understand or are working at growing your belief that long term investing is critical. We put time, money, and energy in today, nurture it,...
Neil Choksi
First time buyer: Duplex with ADU purely for investment purpose.
Hello fellow investors, I am a first-time home buyer looking to buy an investment property(2 units + ADU) in the LA area and would appreciate any advice you can give. Property Details: 2 Units + ADU. Both units are un...
Taylor Harrison
Seller Finance Question
Hello BP!I have an opportunity to buy a tri-plea with seller financing. If I have 25% equity in said property in 5 years, as the deal would be structured to meet that, could I go to a bank and refinance with conventio...
Theodor Kim
Family based lending
Hey all, so kind of a strange question, but:
What’s the best contract template to use to have a family member “trust loan” me money with an unknown return and returning their principle (and profits) in a set amount o...
Satyam Mistry
Pay Off 2 Units before Selling?
I have 2 identical condos that are on a 15 year commercial loan at 4.25%. I have had them 4 years and have a combined balance of about $97k left. My ARM is coming up in 1 year as well. It appears my HOA is going to be...
John Langlois
Buying subject to then selling owner financing
Hello All,I am about to purchase a property subject to giving the seller $20k and then want to sell the property owner financing with $60k down.Questions are:Can I do this basically at the same time (using part of the...